VeChain (VET) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the crypto has gained 2.16% to $0.02334340189.
InvestorsObserver is giving VeChain a 28 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 28, placing it in the bottom 28% of cryptos on the market.The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. VET's moderate volatility reading is paired 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 above resistance. With support near $0.0221310000246654 and resistance set at $0.0233021754151474. This positions VeChain out of range and potentially in a volatile position if the rally burns out.