CoverCompared (CVR) has been relatively more volatile when compared to other cryptocurrencies. So far Monday, the crypto has fallen 25.86% to $0.0006999163803.
InvestorsObserver is giving CoverCompared a 79 Volatility Rank. Find out what this means to you and get the rest of the rankings on CoverCompared!
Highly Volatile
InvestorsObserver gives CoverCompared a high volatility rank of 79, placing it in the top 21% of cryptos on the market.The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. CVR's high volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.
CoverCompared price is in a favorable position going forward. With support at $0.000401151173102106 and resistance near $0.00100361449160277. This positions CoverCompared with room to run before facing selling pressures.