Gemma Extending Tech (GXT) Falls 0.37%, Underperforms the Crypto Market Sunday

Sunday, April 24, 2022 06:52 AM | InvestorsObserver Analysts

Gemma Extending Tech (GXT) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Sunday, the Art, Collectibles and Non-Fungible Tokens has lost 37.37% to $0.6048624071.

InvestorsObserver is giving Gemma Extending Tech a 86 Volatility Rank. Find out what this means to you and get the rest of the rankings on Gemma Extending Tech!

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Highly Volatile

InvestorsObserver gives Gemma Extending Tech a high volatility rank of 86, placing it in the top 14% of cryptos on the market.

The Volatility Gauge follows meaning that one day won't make or break its rank. GXT's high volatility reading is paired 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.

Gemma Extending Tech price is in a favorable position going forward. With support at $0.0666732201143185 and resistance near $0.916208864168731. This leaves Gemma Extending Tech with room to run before facing selling pressures.