ZEON (ZEON) has been relatively more volatile compared to the crypto market. So far Monday, the crypto has added 67.13% to $0.001000942095.
Highly Volatile
InvestorsObserver gives ZEON a high volatility rank of 93, placing it in the top 7% of cryptos on the market.
The Volatility Gauge follows this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
ZEON’s high volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.
ZEON price is trading above resistance. With support at $0.000494484966339538 and resistance near $0.000806928614338855. This leaves ZEON out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
