Infinity PAD (IPAD) Falls 0.01%, Underperforms the Crypto Market Wednesday

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Wednesday, October 4, 2023 06:52 | Analysts Observers Investors

PAD infinite (iPad) has been relatively less volatile than the cryptocurrency market according to recent market analysis. So far on Wednesday, the cryptocurrency has fallen 0.85% to $0.002412451671.

volatility - 6
InvestorsObserver is giving Infinity PAD a Volatility Rank 6. Find out what this means for you and get the rest of the rankings on Infinity PAD!

Low volatility

InvestorsObserver gives Infinity PAD a low volatility rank of 6, putting it in the bottom 6% of cryptocurrencies on the market.

The volatility indicator tracks, which means that one day it will not define your volatility range, but a trend. The iPad's low volatility reading comes with a low reading on the risk/reward indicator, meaning the token has relatively narrow price swings and is well protected from price manipulation.

Infinity PAD price is trading above the resistance. With support at USD 0.00240581365061737 and resistance near USD 0.00240581365061737. This puts Infinity PAD 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.

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