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Nash (NEX) Falls 0.33%, Underperforms the Crypto Market Thursday

Thursday, January 13, 2022 03:45 PM | InvestorsObserver Analysts
Nash (NEX) Falls 0.33%, Underperforms the Crypto Market Thursday

Nash (NEX) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the crypto has fallen 32.86% to $1.04.

volatility - 67
InvestorsObserver is giving Nash a 67 Volatility Rank. Find out what this means to you and get the rest of the rankings on Nash!

Moderately Volatile

InvestorsObserver gives Nash a moderate volatility rank of 67, placing it in the top 33% of cryptos on the market.

The Volatility Gauge analyzes meaning that one day won't make or break its rank. NEX's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Nash price is in a favorable position going forward. With support at $0.886694633875186 and resistance set at $1.12. This positions Nash 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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