ownix (ONX) Falls 0%, Outperforms the Crypto Market Sunday

Sunday, June 12, 2022 07:47 AM | InvestorsObserver Analysts

ownix (ONX) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has lost 0.12% to $0.8778107041.

InvestorsObserver is giving ownix a 96 Volatility Rank. Find out what this means to you and get the rest of the rankings on ownix!

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Highly Volatile

InvestorsObserver gives ownix a high volatility rank of 96, placing it in the top 4% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. ONX's high volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.

ownix price is trading above resistance. With support around $0.877327792165257 and resistance near $0.877590231416203. This positions ownix out of range and potentially in a volatile position if the rally burns out.