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Emirex Token (EMRX) Down 0.01% Monday: What's Next?

Monday, January 30, 2023 12:57 PM | InvestorsObserver Analysts
Emirex Token (EMRX) Down 0.01% Monday: What's Next?

Emirex Token (EMRX) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has fallen 1.1% to $0.2814115531.

volatility - 5
InvestorsObserver is giving Emirex Token a 5 Volatility Rank. Find out what this means to you and get the rest of the rankings on Emirex Token!

Low Volatility

InvestorsObserver gives Emirex Token a low volatility rank of 5, placing it in the bottom 5% of cryptos on the market.

The Volatility Gauge analyzes meaning that one day won't make or break its rank. EMRX's low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.

Emirex Token price is in a good position going forward. With support near $0.276740338284198 and resistance around $0.283353324610415. This positions Emirex Token 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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