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Inex Project (INEX), Moderate Volatility and Falling Saturday: Is it Time to Cash Out?

Saturday, January 22, 2022 11:36 AM | InvestorsObserver Analysts
Inex Project (INEX), Moderate Volatility and Falling Saturday: Is it Time to Cash Out?

Inex Project (INEX) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the crypto has fallen 9.46% to $0.0001888237738.

volatility - 45
InvestorsObserver is giving Inex Project a 45 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 45, placing it in the bottom 45% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. 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 in a good position going forward. With support around $0.000000653843806027474 and resistance near $0.000372297522396799. This leaves Inex Project with room to run before facing selling pressures.

What is a Token?

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

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