PureVidz (VIDZ) Down 0.02% Thursday: What's Next?

Thursday, January 13, 2022 05:12 PM | InvestorsObserver Analysts

PureVidz (VIDZ) has been relatively less volatile compared to the crypto market. So far Thursday, the crypto has fallen 2.19% to $0.0004285782819.

InvestorsObserver is giving PureVidz a 6 Volatility Rank. Find out what this means to you and get the rest of the rankings on PureVidz!

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Low Volatility

InvestorsObserver gives PureVidz a low volatility rank of 6, placing it in the bottom 6% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. VIDZ's low volatility reading is coupled 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.

PureVidz price is trading near resistance. With support at $0.000416004382102757 and resistance around $0.00043206821221952. This leaves PureVidz with potential selling pressures ahead as it may be getting over extended.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.