Evedo (EVED) Down 0.36% Tuesday: What's Next?

Tuesday, November 15, 2022 05:55 PM | InvestorsObserver Analysts

Evedo (EVED) has been relatively more volatile when compared to other cryptocurrencies. So far Tuesday, the crypto has fallen 36.19% to $0.01349175453.

InvestorsObserver is giving Evedo a 82 Volatility Rank. Find out what this means to you and get the rest of the rankings on Evedo!

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Highly Volatile

InvestorsObserver gives Evedo a high volatility rank of 82, placing it in the top 18% of cryptos on the market.

The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. EVED's high volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.

Evedo price is in a good position going forward. With support at $0.0114780211521184 and resistance around $0.0154447698665654. This leaves Evedo with room to run before facing selling pressures.