Komodo (KMD) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Distributed Software Platform has gained 3.53% to $0.2660484174.
InvestorsObserver is giving Komodo a 68 Volatility Rank. Find out what this means to you and get the rest of the rankings on Komodo!
Moderately Volatile
InvestorsObserver gives Komodo a moderate volatility rank of 68, placing it in the top 32% of cryptos on the market.The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. KMD's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Komodo price is well positioned going forward. With support set at $0.242655564581291 and resistance near $0.282716949020759. This positions Komodo with room to run before facing selling pressures.