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Definix (FINIX) Falls 0.02%, Underperforms the Crypto Market Thursday

Thursday, September 15, 2022 03:59 PM | InvestorsObserver Analysts
Definix (FINIX) Falls 0.02%, Underperforms the Crypto Market Thursday

Definix (FINIX) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the crypto has declined 2.17% to $0.01319154497.

volatility - 30
InvestorsObserver is giving Definix a 30 Volatility Rank. Find out what this means to you and get the rest of the rankings on Definix!

Moderately Volatile

InvestorsObserver gives Definix a moderate volatility rank of 30, placing it in the bottom 30% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. FINIX's moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Definix price is well positioned going forward. With support at $0.0129293502136227 and resistance around $0.01330997523061. This positions Definix with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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