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Tap (XTP) Falls 0.5%, Underperforms the Crypto Market Sunday

Sunday, March 06, 2022 09:35 AM | InvestorsObserver Analysts
Tap (XTP) Falls 0.5%, Underperforms the Crypto Market Sunday

Tap (XTP) has been relatively more volatile compared to the crypto market. So far Sunday, the crypto has declined 50.38% to $0.00038789621.

volatility - 94
InvestorsObserver is giving Tap a 94 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 94, placing it in the top 6% of cryptos on the market.

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

Tap price is in a favorable position going forward. With support set at $0.0000375530580641566 and resistance around $0.000830090204544911. This positions 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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