CorionX (CORX) Falls 0.54%, Underperforms the Crypto Market Wednesday

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Wednesday, August 23, 2023 08:08 AM | InvestorsObserver Analysts

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.

volatility - 94
InvestorsObserver is giving CorionX a 94 Volatility Rank. Find out what this means to you and get the rest of the rankings on CorionX!

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.

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