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Xaurum (XAUR) Falls 0.26%, Underperforms the Crypto Market Wednesday

Wednesday, July 20, 2022 02:06 PM | InvestorsObserver Analysts
Xaurum (XAUR) Falls 0.26%, Underperforms the Crypto Market Wednesday

Xaurum (XAUR) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the Stablecoins has dropped 26.46% to $0.01342933444.

volatility - 86
InvestorsObserver is giving Xaurum a 86 Volatility Rank. Find out what this means to you and get the rest of the rankings on Xaurum!

Highly Volatile

InvestorsObserver gives Xaurum a high volatility rank of 86, placing it in the top 14% of cryptos on the market.

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. XAUR'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.

Xaurum price is in a favorable position going forward. With support near $0.00433825881848646 and resistance near $0.0223679514012725. This leaves Xaurum 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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