Zenon (ZNN) has been relatively more volatile when compared to other cryptocurrencies. So far Wednesday, the crypto has increased 2.98% to $15.63.
Highly VolatileInvestorsObserver gives Zenon a high volatility rank of 100, placing it in the top 0% of cryptos on the market.
The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. ZNN's high volatility reading comes 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 favorably positioned going forward. With support near $14.36 and resistance around $16.49. This leaves Zenon with room to run before facing selling pressures.