ShopNEXT (NEXT) has been relatively less volatile when compared to other cryptocurrencies. So far Friday, the crypto has added 29.33% to $0.005798840456.
Low Volatility
InvestorsObserver gives ShopNEXT a low volatility rank of 17, placing it in the bottom 17% of cryptos on the market.
The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day.
NEXT’s low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
ShopNEXT price is trading above resistance. With support at $0.00396129868765968 and resistance set at $0.00533090492551822. This leaves ShopNEXT out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
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