Ravencoin (RVN) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Distributed Software Platform has fallen 3.76% to $0.06206567069.
InvestorsObserver is giving Ravencoin a 61 Volatility Rank. Find out what this means to you and get the rest of the rankings on Ravencoin!
Moderately Volatile
InvestorsObserver gives Ravencoin a moderate volatility rank of 61, placing it in the top 39% of cryptos on the market.The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. RVN's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Ravencoin price is well positioned going forward. With support at $0.0493226911572255 and resistance at $0.0717716518489159. This positions Ravencoin with room to run before facing selling pressures.