GPEX (GPX) Rises 39.25%, Outperforms the Crypto Market Saturday

Saturday, August 13, 2022 04:37 PM | InvestorsObserver Analysts

GPEX (GPX) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the crypto has increased 39.25% to $0.9218773148.

InvestorsObserver is giving GPEX a 57 Volatility Rank. Find out what this means to you and get the rest of the rankings on GPEX!

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Moderately Volatile

InvestorsObserver gives GPEX a moderate volatility rank of 57, placing it in the top 43% 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. GPX's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

GPEX price is trading above resistance. With support set at $0.541716051576869 and resistance around $0.748812389848964. This leaves GPEX out of range and potentially in a volatile position if the rally burns out.