HXAcoin (HXA), High Volatility and Falling Thursday: Is it Time to Cash Out?

Thursday, March 28, 2024 09:19 AM | InvestorsObserver Analysts

HXAcoin (HXA) has been relatively more volatile compared to the crypto market. So far Thursday, the crypto has dropped 73.15% to $0.000006690385218.

InvestorsObserver is giving HXAcoin a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on HXAcoin!

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Highly Volatile

InvestorsObserver gives HXAcoin a high volatility rank of 98, placing it in the top 2% of cryptos on the market.

The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. HXA'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.

HXAcoin price is in a favorable position going forward. With support around $-0.00000433846472472118 and resistance set at $0.0000189059083718103. This leaves HXAcoin with room to run before facing selling pressures.