Novacoin (NVC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has added 49.59% to $0.0126055484.
InvestorsObserver is giving Novacoin a 75 Volatility Rank. Find out what this means to you and get the rest of the rankings on Novacoin!
Moderately Volatile
InvestorsObserver gives Novacoin a moderate volatility rank of 75, placing it in the top 25% of cryptos on the market.The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. NVC'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.
Novacoin price is trading above resistance. With support near $0.00625636993044405 and resistance at $0.0108527993417659. This positions Novacoin out of range and potentially in a volatile position if the rally burns out.