Hedera (HBAR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Payments/Other has lost 3.34% to $0.2489421374.
InvestorsObserver is giving Hedera a 26 Volatility Rank. Find out what this means to you and get the rest of the rankings on Hedera!
Moderately Volatile
InvestorsObserver gives Hedera a moderate volatility rank of 26, placing it in the bottom 26% of cryptos on the market.The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. HBAR'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.
Hedera price is trading near resistance. With support near $0.236262844041983 and resistance around $0.253168434933821. This leaves Hedera with potential selling pressures ahead as it may be getting over extended.