THORChain (RUNE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Decentralized Exchange has added 6.83% to $2.96.
InvestorsObserver is giving THORChain a 57 Volatility Rank. Find out what this means to you and get the rest of the rankings on THORChain!
Moderately Volatile
InvestorsObserver gives THORChain a moderate volatility rank of 57, placing it in the top 43% of cryptos on the market.The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. RUNE's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
THORChain price is trading near resistance. With support near $2.55 and resistance around $3.01. This positions THORChain with potential selling pressures ahead as it may be getting over extended.
