Tapx (TAP) Down 0% Friday: What's Next?

Friday, April 28, 2023 02:22 PM | InvestorsObserver Analysts

Tapx (TAP) has been relatively less volatile when compared to other cryptocurrencies. So far Friday, the Art, Collectibles and Non-Fungible Tokens has declined 0.08% to $0.001989956072.

InvestorsObserver is giving Tapx a 2 Volatility Rank. Find out what this means to you and get the rest of the rankings on Tapx!

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Low Volatility

InvestorsObserver gives Tapx a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.

The Volatility Gauge tracks meaning that one day won't make or break its rank. TAP's low volatility reading is coupled 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.

Tapx price is in a favorable position going forward. With support at $0.00198456952035397 and resistance around $0.00199379170931846. This leaves Tapx with room to run before facing selling pressures.