Tezos (XTZ) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has advanced 2.05% to $2.58.
InvestorsObserver is giving Tezos a 26 Volatility Rank. Find out what this means to you and get the rest of the rankings on Tezos!
Moderately Volatile
InvestorsObserver gives Tezos a moderate volatility rank of 26, placing it in the bottom 26% of cryptos on the market.The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. XTZ's moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Tezos price is trading near resistance. With support around $2.44 and resistance at $2.6. This positions Tezos with potential selling pressures ahead as it may be getting over extended.