VeChain (VET) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the crypto has gained 1.94% to $0.02428069432.
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 meaning that one day won't make or break its rank. 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 near resistance. With support around $0.02297233679204 and resistance around $0.0243162278166296. This positions VeChain with potential selling pressures ahead as it may be getting over extended.