XeniosCoin (XNC) Falls 0%, Underperforms the Crypto Market Tuesday

Tuesday, May 31, 2022 03:14 PM | InvestorsObserver Analysts

XeniosCoin (XNC) has been relatively less volatile compared to the crypto market. So far Tuesday, the crypto has lost 0.01% to $0.554683743.

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

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Low Volatility

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

The Volatility Gauge analyzes meaning that one day won't make or break its rank. XNC's low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.

XeniosCoin price is favorably positioned going forward. With support set at $0.554553725566433 and resistance around $0.554770507659481. This positions XeniosCoin 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.