VeChain (VET) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has added 1.6% to $0.02650296177.
InvestorsObserver is giving VeChain a 26 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 26, placing it in the bottom 26% 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 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 set at $0.025400846851961 and resistance set at $0.026710744602577. This leaves VeChain with potential selling pressures ahead as it may be getting over extended.