ShopNEXT (NEXT) Rises 29.33%, Outperforms the Crypto Market Friday

Friday, October 07, 2022 11:21 AM | InvestorsObserver Analysts

ShopNEXT (NEXT) has been relatively less volatile when compared to other cryptocurrencies. So far Friday, the crypto has added 29.33% to $0.005798840456.

InvestorsObserver is giving ShopNEXT a 17 Volatility Rank. Find out what this means to you and get the rest of the rankings on ShopNEXT!

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Low Volatility

InvestorsObserver gives ShopNEXT a low volatility rank of 17, placing it in the bottom 17% of cryptos on the market.

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

ShopNEXT price is trading above resistance. With support at $0.00396129868765968 and resistance set at $0.00533090492551822. This leaves ShopNEXT out of range and potentially in a volatile position if the rally burns out.