PureVidz (VIDZ) Rises 1.58%, Outperforms the Crypto Market Wednesday

Wednesday, May 25, 2022 06:21 AM | InvestorsObserver Analysts

PureVidz (VIDZ) has been relatively less volatile compared to the crypto market. So far Wednesday, the crypto has increased 1.58% to $0.0002975329349.

InvestorsObserver is giving PureVidz a 11 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 11, placing it in the bottom 11% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. VIDZ's low volatility reading comes 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 near $0.000287932778027605 and resistance set at $0.000297810414357807. This positions 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.