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Tokenbox (TBX) Rises 34.78%, Outperforms the Crypto Market Tuesday

Tuesday, December 14, 2021 06:51 AM | InvestorsObserver Analysts
Tokenbox (TBX) Rises 34.78%, Outperforms the Crypto Market Tuesday

Tokenbox (TBX) has been relatively more volatile compared to the crypto market. So far Tuesday, the crypto has increased 34.78% to $0.02149986763.

volatility - 76
InvestorsObserver is giving Tokenbox a 76 Volatility Rank. Find out what this means to you and get the rest of the rankings on Tokenbox!

Highly Volatile

InvestorsObserver gives Tokenbox a high volatility rank of 76, placing it in the top 24% of cryptos on the market.

The Volatility Gauge tracks the previous 60 days, meaning that one day won't make or break the score. TBX'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.

Tokenbox price is trading above resistance. With support around $0.0147592524666845 and resistance set at $0.0165964138363063. This leaves Tokenbox 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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