PAXEX (PAXEX) Falls 0.54%, Underperforms the Crypto Market Friday

Friday, May 06, 2022 07:07 AM | InvestorsObserver Analysts

PAXEX (PAXEX) has been relatively more volatile when compared to other cryptocurrencies. So far Friday, the crypto has fallen 54.46% to $0.0003601234169.

InvestorsObserver is giving PAXEX a 99 Volatility Rank. Find out what this means to you and get the rest of the rankings on PAXEX!

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Highly Volatile

InvestorsObserver gives PAXEX a high volatility rank of 99, placing it in the top 1% of cryptos on the market.

The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. PAXEX's high volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.

PAXEX price With support near $0.000368258282828602 and resistance near $0.000446913654736701. This leaves PAXEX

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.