Zenon (ZNN) has been relatively more volatile compared to the crypto market. So far Wednesday, the crypto has advanced 1.64% to $13.64.
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 which means that one day won't define its volatility rank - a trend will. ZNN's high volatility reading pairs 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 around $12.97 and resistance at $14.24. This positions Zenon with room to run before facing selling pressures.