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Pundi X NEM (NPXSXEM) Down 0.3% Monday: What’s Next?

Pundi X NEM (NPXSXEM) has been relatively more volatile compared to the crypto market. So far Monday, the crypto has fallen 29.77% to $0.00001916661297.

InvestorsObserver is giving Pundi X NEM a 91 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 91, placing it in the top 9% of cryptos on the market.

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.

NPXSXEM’s high volatility reading is coupled 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 in a good position going forward. With support around $0.0000129710632182704 and resistance around $0.0000275545069899689. This positions 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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