VeChain (VET) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the crypto has increased 4.75% to $0.04690584927.
InvestorsObserver is giving VeChain a 28 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 28, placing it in the bottom 28% of cryptos on the market.The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. VET's moderate volatility reading is paired 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 around $0.0406827293765484 and resistance around $0.0474023521375595. This positions VeChain with potential selling pressures ahead as it may be getting over extended.