Avalanche (AVAX) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the Distributed Software Platform has increased 2.54% to $22.87.
InvestorsObserver is giving Avalanche a 46 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 46, placing it in the bottom 46% of cryptos on the market.The Volatility Gauge takes into account meaning that one day won't make or break its rank. AVAX's moderate volatility reading is paired 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 trading near resistance. With support near $21.67 and resistance around $22.99. This positions Avalanche with potential selling pressures ahead as it may be getting over extended.