HEX (HEX) Falls 0.02%, Underperforms the Crypto Market Saturday

Saturday, June 03, 2023 10:31 AM | InvestorsObserver Analysts

HEX (HEX) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the crypto has dropped 1.95% to $0.01371077554.

InvestorsObserver is giving HEX a 70 Volatility Rank. Find out what this means to you and get the rest of the rankings on HEX!

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Moderately Volatile

InvestorsObserver gives HEX a moderate volatility rank of 70, placing it in the top 30% of cryptos on the market.

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

HEX price is in a favorable position going forward. With support around $0.0125935486193297 and resistance near $0.0142735679309366. This leaves HEX with room to run before facing selling pressures.