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Inex Project (INEX) Falls 0.05%, Outperforms the Crypto Market Monday

Monday, May 09, 2022 07:51 AM | InvestorsObserver Analysts
Inex Project (INEX) Falls 0.05%, Outperforms the Crypto Market Monday

Inex Project (INEX) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the crypto has fallen 5.42% to $0.0001765416628.

volatility - 72
InvestorsObserver is giving Inex Project a 72 Volatility Rank. Find out what this means to you and get the rest of the rankings on Inex Project!

Moderately Volatile

InvestorsObserver gives Inex Project a moderate volatility rank of 72, placing it in the top 28% of cryptos on the market.

The Volatility Gauge tracks meaning that one day won't make or break its rank. INEX'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.

Inex Project price is trading near resistance. With support near $0.000169377085898968 and resistance around $0.000178124169383164. This leaves Inex Project with potential selling pressures ahead as it may be getting over extended.

What is a Token?

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

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