VeChain (VET) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the crypto has lost 7.19% to $0.02149456592.
InvestorsObserver is giving VeChain a 39 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 39, placing it in the bottom 39% 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. VET'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.
VeChain price is trading near resistance. With support around $0.0204217288648347 and resistance at $0.0217809718107442. This leaves VeChain with potential selling pressures ahead as it may be getting over extended.