XCarnival (XCV) Rises 36.99%, Outperforms the Crypto Market Thursday

Thursday, March 28, 2024 11:36 AM | InvestorsObserver Analysts

XCarnival (XCV) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Thursday, the crypto has advanced 36.99% to $0.006094279606.

InvestorsObserver is giving XCarnival a 77 Volatility Rank. Find out what this means to you and get the rest of the rankings on XCarnival!

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Highly Volatile

InvestorsObserver gives XCarnival a high volatility rank of 77, placing it in the top 23% of cryptos on the market.

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

XCarnival price is trading above resistance. With support near $0.0038127966190154 and resistance at $0.00563786290236062. This positions XCarnival out of range and potentially in a volatile position if the rally burns out.