Cosmos (ATOM) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Content has fallen 6.34% to $18.41.
InvestorsObserver is giving Cosmos a 28 Volatility Rank. Find out what this means to you and get the rest of the rankings on Cosmos!
Moderately Volatile
InvestorsObserver gives Cosmos a moderate volatility rank of 28, placing it in the bottom 28% of cryptos on the market.The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. ATOM's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Cosmos price is in a favorable position going forward. With support set at $17.5 and resistance near $19. This positions Cosmos with room to run before facing selling pressures.