Zenon (ZNN) has been relatively more volatile when compared to other cryptocurrencies. So far Thursday, the crypto has added 0.59% to $15.16.
Highly VolatileInvestorsObserver gives Zenon a high volatility rank of 99, placing it in the top 1% of cryptos on the market.
The Volatility Gauge tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. ZNN's high volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.
Zenon price is in a favorable position going forward. With support around $13.95 and resistance near $16.26. This positions Zenon with room to run before facing selling pressures.