XDNA (XDNA) Falls 0.04%, Underperforms the Crypto Market Friday

Friday, January 14, 2022 04:09 PM | InvestorsObserver Analysts

XDNA (XDNA) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the crypto has dropped 4.13% to $0.000409880968.

InvestorsObserver is giving XDNA a 55 Volatility Rank. Find out what this means to you and get the rest of the rankings on XDNA!

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Moderately Volatile

InvestorsObserver gives XDNA a moderate volatility rank of 55, placing it in the top 45% of cryptos on the market.

The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. XDNA's moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

XDNA price is in a good position going forward. With support near $0.000383042263752831 and resistance at $0.000445634474932266. This positions XDNA with room to run before facing selling pressures.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.