VNX (VNXLU) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the crypto has advanced 24.24% to $0.02458375658.
The Volatility Gauge takes into account which means that one day won’t define its volatility rank – a trend will.
VNXLU’s moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
VNX price is trading above resistance. With support around $0.0179702022483819 and resistance at $0.0232924611678594. This positions VNX out of range and potentially in a volatile position if the rally burns out.