Internet of Energy Network (IOEN) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Thursday, the crypto has lost 8.18% to $0.03747166347.
Highly VolatileInvestorsObserver gives Internet of Energy Network a high volatility rank of 99, placing it in the top 1% of cryptos on the market.
The Volatility Gauge follows meaning that one day won't make or break its rank. IOEN's high volatility reading comes 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.
Internet of Energy Network price is trading near resistance. With support at $0.0337773588274373 and resistance around $0.0386087250684155. This positions Internet of Energy Network with potential selling pressures ahead as it may be getting over extended.