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HOQU (HQX) Rises 55.38%, Outperforms the Crypto Market Wednesday

Wednesday, January 12, 2022 07:42 AM | InvestorsObserver Analysts
HOQU (HQX) Rises 55.38%, Outperforms the Crypto Market Wednesday

HOQU (HQX) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has increased 55.38% to $0.001456429858.

volatility - 32
InvestorsObserver is giving HOQU a 32 Volatility Rank. Find out what this means to you and get the rest of the rankings on HOQU!

Moderately Volatile

InvestorsObserver gives HOQU a moderate volatility rank of 32, placing it in the bottom 32% of cryptos on the market.

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

HOQU price is trading above resistance. With support near $0.000901926219319544 and resistance near $0.000989735444398216. This leaves HOQU out of range and potentially in a volatile position if the rally burns out.

What is a Token?

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

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