CorionX (CORX) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the crypto has dropped 54.44% to $0.00007288745481.
Highly Volatile
InvestorsObserver gives CorionX a high volatility rank of 94, placing it in the top 6% 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.
CORX'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.
CorionX price is well positioned going forward. With support around $0.0000240238278116653 and resistance near $0.000115197462967094. This leaves CorionX with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency's blockchain.