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Apollon (XAP) is relatively volatile compared to other cryptocurrencies. So far on Sunday, the cryptocurrency has fallen 0.55% to $0.00004576704257.
low volatility
investor observer Apollon has a low volatility rank of 14, placing it in the bottom 14% of cryptocurrencies on the market.
The Volatility Gauge analyzes this to mean that ranks represent recent trends and are not overly affected by sudden spikes (one or two) in volatility. The XAP’s low volatility reading means that the coin’s price volatility is relatively small due to the low risk/reward gauge reading and is well protected from price manipulation.
Apollon prices continue to be well positioned going forward. Support is at $0.0000448386791780638 and resistance is near $0.0000463797088108539. This gives Apollon more room to execute before facing selling pressure.
What are coins?
A coin is a cryptocurrency that lives on its own blockchain. These are typically used for payments. Depending on the cryptocurrency, the purposes for which these payments are used range from general use in subclasses of digital money to more specific use in other subclasses.
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