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Tap (XTP) Rises 90.94%, Outperforms the Crypto Market Monday

Monday, May 09, 2022 10:20 AM | InvestorsObserver Analysts
Tap (XTP) Rises 90.94%, Outperforms the Crypto Market Monday

Tap (XTP) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has increased 90.94% to $0.0006586563788.

volatility - 96
InvestorsObserver is giving Tap a 96 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 96, placing it in the top 4% of cryptos on the market.

The Volatility Gauge analyzes meaning that one day won't make or break its rank. XTP's high volatility reading pairs 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 trading above resistance. With support at $0.000222762891096852 and resistance around $0.000588598534703112. This positions Tap out of range and potentially in a volatile position if the rally burns out.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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