Waves (WAVES) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the crypto has dropped 1.96% to $4.52.
InvestorsObserver is giving Waves a 63 Volatility Rank. Find out what this means to you and get the rest of the rankings on Waves!
Moderately Volatile
InvestorsObserver gives Waves a moderate volatility rank of 63, placing it in the top 37% of cryptos on the market.The Volatility Gauge analyzes meaning that one day won't make or break its rank. WAVES'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.
Waves price is in a good position going forward. With support set at $4.17 and resistance near $4.78. This positions Waves with room to run before facing selling pressures.