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Pundi X NEM (NPXSXEM) Down 0.22% Wednesday: What’s Next?

Pundi X NEM (NPXSXEM) has been relatively more volatile compared to the crypto market. So far Wednesday, the crypto has declined 21.57% to $0.00003141344844.

InvestorsObserver is giving Pundi X NEM a 92 Volatility Rank. Find out what this means to you and get the rest of the rankings on Pundi X NEM!

Highly Volatile

InvestorsObserver gives Pundi X NEM a high volatility rank of 92, placing it in the top 8% 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.

NPXSXEM’s high volatility reading comes 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.

Pundi X NEM price is well positioned going forward. With support near $0.0000242532549833312 and resistance around $0.0000340457516955111. This leaves Pundi X NEM 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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