SINOVATE (SIN) has been relatively more volatile compared to the crypto market. So far Sunday, the crypto has dropped 24.97% to $0.0005854211904.
InvestorsObserver is giving SINOVATE a 88 Volatility Rank. Find out what this means to you and get the rest of the rankings on SINOVATE!
Highly Volatile
InvestorsObserver gives SINOVATE a high volatility rank of 88, placing it in the top 12% of cryptos on the market.The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. SIN's high volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.
SINOVATE price is well positioned going forward. With support around $0.000440907958393887 and resistance set at $0.000638831293174967. This leaves SINOVATE with room to run before facing selling pressures.