VeChain (VET) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the crypto has lost 6.64% to $0.06519967769.
InvestorsObserver is giving VeChain a 39 Volatility Rank. Find out what this means to you and get the rest of the rankings on VeChain!
Moderately Volatile
InvestorsObserver gives VeChain a moderate volatility rank of 39, placing it in the bottom 39% of cryptos on the market.The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. VET'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.
VeChain price is trading near resistance. With support at $0.0605843468766097 and resistance at $0.0662287204723243. This positions VeChain with potential selling pressures ahead as it may be getting over extended.