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FUTURAX (FTXT), High Volatility and Falling Wednesday: Is it Time to Cash Out?

Wednesday, March 02, 2022 12:53 PM | InvestorsObserver Analysts
FUTURAX (FTXT), High Volatility and Falling Wednesday: Is it Time to Cash Out?

FUTURAX (FTXT) has been relatively more volatile when compared to other cryptocurrencies. So far Wednesday, the crypto has declined 58.27% to $0.000004154295362.

volatility - 95
InvestorsObserver is giving FUTURAX a 95 Volatility Rank. Find out what this means to you and get the rest of the rankings on FUTURAX!

Highly Volatile

InvestorsObserver gives FUTURAX a high volatility rank of 95, placing it in the top 5% of cryptos on the market.

The Volatility Gauge tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. FTXT's high volatility reading comes 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.

FUTURAX price is favorably positioned going forward. With support near $0.00000106755795250067 and resistance around $0.00000713699808520617. This positions FUTURAX 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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