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Project Inverse (XIV) Falls 0.29%, Underperforms the Crypto Market Monday

Monday, February 28, 2022 04:33 PM | InvestorsObserver Analysts
Project Inverse (XIV) Falls 0.29%, Underperforms the Crypto Market Monday

Project Inverse (XIV) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has lost 29.31% to $0.01611694175.

volatility - 84
InvestorsObserver is giving Project Inverse a 84 Volatility Rank. Find out what this means to you and get the rest of the rankings on Project Inverse!

Highly Volatile

InvestorsObserver gives Project Inverse a high volatility rank of 84, placing it in the top 16% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. XIV's high volatility reading is paired 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.

Project Inverse price is well positioned going forward. With support around $0.0121932842991089 and resistance at $0.0178508435598349. This positions Project Inverse 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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