Avalanche (AVAX) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the Distributed Software Platform has lost 3.31% to $19.96.
InvestorsObserver is giving Avalanche a 37 Volatility Rank. Find out what this means to you and get the rest of the rankings on Avalanche!
Moderately Volatile
InvestorsObserver gives Avalanche a moderate volatility rank of 37, placing it in the bottom 37% of cryptos on the market.The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. AVAX's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Avalanche price is in a favorable position going forward. With support set at $19.32 and resistance around $20.22. This leaves Avalanche with room to run before facing selling pressures.