VeChain (VET) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the crypto has increased 6.7% to $0.02330141053.
InvestorsObserver is giving VeChain a 25 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 25, placing it in the bottom 25% of cryptos on the market.The Volatility Gauge takes into account 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 above resistance. With support set at $0.0209642556505212 and resistance set at $0.0230462030516871. This leaves VeChain out of range and potentially in a volatile position if the rally burns out.