VeChain (VET) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the crypto has declined 6.32% to $0.02264240459.
InvestorsObserver is giving VeChain a 27 Volatility Rank. Find out what this means to you and get the rest of the rankings on VeChain!
Moderately Volatile
InvestorsObserver gives VeChain a moderate volatility rank of 27, placing it in the bottom 27% of cryptos on the market.The Volatility Gauge tracks meaning that one day won't make or break its rank. VET's moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
VeChain price is trading near resistance. With support at $0.0216607446497401 and resistance set at $0.0226430999761542. This leaves VeChain with potential selling pressures ahead as it may be getting over extended.