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Tap (XTP) Falls 0.38%, Underperforms the Crypto Market Wednesday

Wednesday, April 27, 2022 03:45 PM | InvestorsObserver Analysts
Tap (XTP) Falls 0.38%, Underperforms the Crypto Market Wednesday

Tap (XTP) has been relatively more volatile compared to the crypto market. So far Wednesday, the crypto has declined 38.4% to $0.0006028402249.

volatility - 95
InvestorsObserver is giving Tap a 95 Volatility Rank. Find out what this means to you and get the rest of the rankings on Tap!

Highly Volatile

InvestorsObserver gives Tap a high volatility rank of 95, placing it in the top 5% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. XTP'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.

Tap price is favorably positioned going forward. With support around $0.000367479881868928 and resistance set at $0.00074299816614133. This leaves Tap 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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