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Emirex Token (EMRX) Rises 0.02%, Underperforms the Crypto Market Saturday

Saturday, December 09, 2023 08:40 AM | InvestorsObserver Analysts
Emirex Token (EMRX) Rises 0.02%, Underperforms the Crypto Market Saturday

Emirex Token (EMRX) has been relatively less volatile compared to the crypto market. So far Saturday, the crypto has advanced 0.02% to $0.2351104699.

volatility - 2
InvestorsObserver is giving Emirex Token a 2 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 2, placing it in the bottom 2% of cryptos on the market.

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. EMRX's low volatility reading is paired 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 favorable position going forward. With support around $0.234851182294258 and resistance at $0.235236094189056. This leaves 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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