Cosmos (ATOM) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Content has advanced 3.16% to $11.23.
InvestorsObserver is giving Cosmos a 29 Volatility Rank. Find out what this means to you and get the rest of the rankings on Cosmos!
Moderately Volatile
InvestorsObserver gives Cosmos a moderate volatility rank of 29, placing it in the bottom 29% of cryptos on the market.The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. ATOM'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.
Cosmos price is trading above resistance. With support at $10.6 and resistance around $11.12. This positions Cosmos out of range and potentially in a volatile position if the rally burns out.