Avalanche (AVAX) Rises 4.69%, Outperforms the Crypto Market Wednesday

Avalanche (AVAX) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Distributed Software Platform has advanced 4.69% to $21.34.

InvestorsObserver is giving Avalanche a 53 Volatility Rank. Find out what this means to you and get the rest of the rankings on Avalanche!

Moderately Volatile

InvestorsObserver gives Avalanche a moderate volatility rank of 53, placing it in the top 47% of cryptos on the market.

The Volatility Gauge tracks which means that one day won’t define its volatility rank – a trend will.


AVAX’s moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

Avalanche price is trading above resistance. With support at $19.66 and resistance around $21.04. This positions Avalanche out of range and potentially in a volatile position if the rally burns out.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.

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