PureVidz (VIDZ), Low Volatility but Falling Thursday: Is it Time to Cash Out?

Thursday, February 03, 2022 03:13 PM | InvestorsObserver Analysts

PureVidz (VIDZ) has been relatively less volatile compared to the crypto market. So far Thursday, the crypto has lost 2.77% to $0.0003655205912.

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

See Full Report

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 follows meaning that one day won't make or break its rank. 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 in a favorable position going forward. With support at $0.000353215176360553 and resistance near $0.000373234071517235. This positions PureVidz with room to run before facing selling pressures.

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.