VNX (VNXLU) has been relatively more volatile compared to the crypto market. So far Friday, the crypto has dropped 54.7% to $0.03196196364.
InvestorsObserver is giving VNX a 90 Volatility Rank. Find out what this means to you and get the rest of the rankings on VNX!
Highly Volatile
InvestorsObserver gives VNX a high volatility rank of 90, placing it in the top 10% of cryptos on the market.The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. VNXLU's high volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.
VNX price is well positioned going forward. With support around $0.0161902389462922 and resistance near $0.0564618638690446. This positions VNX with room to run before facing selling pressures.
