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Flixxo (FLIXX) Rises 48.07%, Outperforms the Crypto Market Wednesday

Wednesday, February 09, 2022 01:53 PM | InvestorsObserver Analysts
Flixxo (FLIXX) Rises 48.07%, Outperforms the Crypto Market Wednesday

Flixxo (FLIXX) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the Media, Music and Content has added 48.07% to $0.01347064819.

volatility - 80
InvestorsObserver is giving Flixxo a 80 Volatility Rank. Find out what this means to you and get the rest of the rankings on Flixxo!

Highly Volatile

InvestorsObserver gives Flixxo a high volatility rank of 80, placing it in the top 20% of cryptos on the market.

The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. FLIXX's high volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.

Flixxo price is trading near resistance. With support around $0.00484832202315546 and resistance set at $0.0151307244156323. This positions Flixxo with potential selling pressures ahead as it may be getting over extended.

What is a Token?

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

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