VIDT DAO (VIDT) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has dropped 41.25% to $0.3013290145.
InvestorsObserver gives VIDT DAO a moderate volatility rank of 71, placing it in the top 29% 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.
VIDT’s moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
VIDT DAO price is favorably positioned going forward. With support set at $0.229599321524997 and resistance at $0.407462740580936. This positions VIDT DAO with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
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