APENFT (NFT) Rises 2.98%, Underperforms the Crypto Market Tuesday

APENFT (NFT) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Art, Collectibles and Non-Fungible Tokens has added 2.98% to $0.000002673237923.

InvestorsObserver is giving APENFT a 26 Volatility Rank. Find out what this means to you and get the rest of the rankings on APENFT!

Moderately Volatile

InvestorsObserver gives APENFT a moderate volatility rank of 26, placing it in the bottom 26% of cryptos on the market.

The Volatility Gauge takes into account this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.

NFT’s moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

APENFT price is trading near resistance. With support around $0.00000250441499727996 and resistance around $0.0000027050417977861. This positions APENFT with potential selling pressures ahead as it may be getting over extended.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency’s blockchain.

This news is republished from another source. You can check the original article here.

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