The UniMex Network (UMX) is relatively more volatile than the cryptocurrency market, according to recent market analysis. So far on Saturday, the cryptocurrency has fallen 1.05% to $0.04366794933.
investor observer UniMex Network has a high volatility rank of 98, placing it in the top 2% of cryptocurrencies on the market.
The Volatility Gauge takes into account that volatility ranks are not determined in a day, they are determined by trends. High volatility readings for UMX are paired with low readings for the risk/reward gauge, meaning the token is relatively volatile and well protected from price manipulation.
UniMex Network prices are well positioned going forward. Support is near $0.0425981768536824 and resistance is $0.0442059264648216. This leaves UniMex Network with room to execute before facing selling pressure.
What is a token?
A token is a digital asset that exists on the blockchain of another cryptocurrency.
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