Crypto

Apollon (XAP) drops 0.01% and underperforms the crypto market on Sunday

Apollo (XAP) has been relatively less volatile compared to other cryptocurrencies. So far on Sunday, the crypto has fallen 0.55% to $0.00004576704257.

InvestorsObserver gives Apollo a volatility rank of 14. Find out what this means for you and get the rest of the ranking on Apollo!

Low volatility

InvestorsObserver gives Apollo a low volatility rank of 14, placing it in the bottom 14% of cryptos on the market.

The Volatility Gauge analysis means the ranking represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility. XAP’s low volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning the coin has relatively narrow price swings and is well protected against price manipulation.

Apollo’s price is in a favorable position going forward. With support pegged at 0.0000448386791780638 and resistance near 0.0000463797088108539. This gives Apollon some leeway before facing selling pressures.

What is a room?

A coin is a cryptocurrency that exists on its own blockchain. these are usually used for payments. Depending on the cryptocurrency, the use of these payments can vary from general use in the digital currency subclass to more specific uses in certain other subclasses.

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