Waves (WAVES) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the crypto has gained 1.29% to $6.15.
InvestorsObserver is giving Waves a 49 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 49, placing it in the bottom 49% of cryptos on the market.The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. WAVES'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.
Waves price is in a good position going forward. With support around $5.73 and resistance around $6.51. This positions Waves with room to run before facing selling pressures.