Hyperblox (HPB), Moderate Volatility and Falling Wednesday: Is it Time to Cash Out?

Wednesday, March 27, 2024 04:27 PM | InvestorsObserver Analysts

Hyperblox (HPB) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has lost 24.09% to $0.007755228077.

InvestorsObserver is giving Hyperblox a 62 Volatility Rank. Find out what this means to you and get the rest of the rankings on Hyperblox!

See Full Report

Moderately Volatile

InvestorsObserver gives Hyperblox a moderate volatility rank of 62, placing it in the top 38% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. HPB's moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

Hyperblox price is in a good position going forward. With support at $0.00531078747497584 and resistance set at $0.00952027983056094. This positions Hyperblox with room to run before facing selling pressures.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.