PureVidz (VIDZ) Rises 1.4%, Outperforms the Crypto Market Tuesday

Tuesday, January 18, 2022 05:15 PM | InvestorsObserver Analysts

PureVidz (VIDZ) has been relatively less volatile compared to the crypto market. So far Tuesday, the crypto has gained 1.4% to $0.0004232755911.

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 meaning that one day won't make or break its rank. VIDZ's low volatility reading is paired 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 well positioned going forward. With support around $0.000412225195966102 and resistance set at $0.000427215909646265. This leaves 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.