Cryptonex (CNX) has been relatively less volatile compared to the crypto market. So far Saturday, the Digital Money has advanced 0.15% to $19.83.
Low VolatilityInvestorsObserver gives Cryptonex a low volatility rank of 16, placing it in the bottom 16% of cryptos on the market.
The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. CNX's low volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
Cryptonex price is in a favorable position going forward. With support set at $19.5 and resistance at $20.01. This leaves Cryptonex with room to run before facing selling pressures.