OXBT (Ordinals) (OXBT) has been relatively more volatile compared to the crypto market. So far Tuesday, the Art, Collectibles and Non-Fungible Tokens has advanced 35.78% to $0.04362825085.
Highly Volatile
InvestorsObserver gives OXBT (Ordinals) a high volatility rank of 86, placing it in the top 14% of cryptos on the market.
The Volatility Gauge tracks which means that one day won’t define its volatility rank – a trend will.
OXBT’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.
OXBT (Ordinals) price is trading near resistance. With support set at $0.0248468795268503 and resistance near $0.0463311464934316. This positions OXBT (Ordinals) with potential selling pressures ahead as it may be getting over extended.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
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