Paypex (PAYX) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the crypto has increased 1.37% to $0.0002481039896.
InvestorsObserver is giving Paypex a 76 Volatility Rank. Find out what this means to you and get the rest of the rankings on Paypex!
Highly Volatile
InvestorsObserver gives Paypex a high volatility rank of 76, placing it in the top 24% of cryptos on the market.The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. PAYX's high volatility reading is coupled 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.
Paypex price is favorably positioned going forward. With support set at $0.000237747832169291 and resistance around $0.000252779582250398. This leaves Paypex with room to run before facing selling pressures.