Evedo (EVED) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Thursday, the crypto has declined 37.44% to $0.0126103281.
InvestorsObserver is giving Evedo a 80 Volatility Rank. Find out what this means to you and get the rest of the rankings on Evedo!
Highly Volatile
InvestorsObserver gives Evedo a high volatility rank of 80, placing it in the top 20% of cryptos on the market.The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. EVED's high volatility reading comes 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.
Evedo price is in a favorable position going forward. With support at $0.00392217673875115 and resistance near $0.0202226659334423. This leaves Evedo with room to run before facing selling pressures.