Tap (XTP) has been relatively more volatile compared to the crypto market. So far Sunday, the crypto has declined 22.78% to $0.0005843896507.
Highly Volatile
InvestorsObserver gives Tap a high volatility rank of 93, placing it in the top 7% of cryptos on the market.
The Volatility Gauge tracks meaning that one day won’t make or break its rank.
XTP’s high volatility reading is paired 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.
Tap price is well positioned going forward. With support around $0.000445109829693794 and resistance around $0.000661972831390559. This positions Tap with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
