Ravencoin (RVN) has been relatively less volatile compared to the crypto market. So far Saturday, the Distributed Software Platform has fallen 8.94% to $0.1023032979.
InvestorsObserver is giving Ravencoin a 20 Volatility Rank. Find out what this means to you and get the rest of the rankings on Ravencoin!
Low Volatility
InvestorsObserver gives Ravencoin a low volatility rank of 20, placing it in the bottom 20% of cryptos on the market.The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. RVN's low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
Ravencoin price is favorably positioned going forward. With support at $0.0923114810425369 and resistance set at $0.110885271831187. This positions Ravencoin with room to run before facing selling pressures.