APX (APIX) has been relatively more volatile compared to the crypto market. So far on Sunday, the cryptocurrency has gained 24.68% to $0.01015156754.
![volatility - 80](https://i2.wp.com/s3.amazonaws.com/images.investorsobserver.com/ads/score-charts/bars/score-bar-chart-light-80.jpg?ssl=1)
highly volatile
InvestorsObserver gives APIX a high volatility range of 80, putting it in the top 20% of cryptocurrencies on the market.
The volatility indicator analyzes this and makes your score defined by recent trends, rather than one bad day. APIX's high volatility reading is combined with a low reading on the risk/reward indicator, which means that the token has relatively wide price fluctuations and is well protected against price manipulation.
APIX price is trading above resistance. With support near $0.00778301584677226 and resistance near $0.00858197140650279. This leaves APIX out of range and potentially in a volatile position if the rally peters out.
What is a token?
Tokens are digital assets that exist on the blockchain of another cryptocurrency.