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

Tuesday, February 01, 2022 11:56 AM | InvestorsObserver Analysts
Inex Project (INEX), Moderate Volatility and Rising Tuesday: Is it Time to Cash Out?

Inex Project (INEX) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the crypto has advanced 2.59% to $0.0002089220431.

volatility - 47
InvestorsObserver is giving Inex Project a 47 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 47, placing it in the bottom 47% of cryptos on the market.

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. INEX's moderate volatility reading pairs 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 above resistance. With support set at $0.000197644869533275 and resistance near $0.000208187411974091. This leaves Inex Project 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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