Avalanche (AVAX) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the Distributed Software Platform has added 0.62% to $19.25.
InvestorsObserver is giving Avalanche a 32 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 32, placing it in the bottom 32% of cryptos on the market.The Volatility Gauge tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. AVAX's moderate volatility reading is coupled 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 well positioned going forward. With support set at $18.94 and resistance at $19.42. This leaves Avalanche with room to run before facing selling pressures.