UniMex Network (UMX) Falls 0.01%, Underperforms the Crypto Market Saturday

UniMex Network (UMX) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has lost 1.05% to $0.04366794933.

volatility - 98
InvestorsObserver is giving UniMex Network a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on UniMex Network!

Highly Volatile

InvestorsObserver gives UniMex Network a high volatility rank of 98, placing it in the top 2% 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.

UMX’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.

UniMex Network price is favorably positioned going forward. With support near $0.0425981768536824 and resistance set at $0.0442059264648216. This leaves UniMex Network with room to run before facing selling pressures.

What is a Token?

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

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