What happened: CVI rose from a low of 50 on Jan. 07 to a height of 70 on Jan. 15 but has been steadily declining afterward.
What will happen: To break the current “lower-low” formation, CVI will have to close above 64. The next target is 70, and if we’re able to break above this, the entire crypto market will see bigger intraday movements, much like what we saw in the first half of January.
The CVI ranges between 0-200 0-85 ≈ Low volatility 85-105 ≈ Medium volatility 105-200 ≈ High volatility
Crypto Volatility Index Today: 63.91 [LOW]
What happened: CVI rose from a low of 50 on Jan. 07 to a height of 70 on Jan. 15 but has been steadily declining afterward.
What will happen: To break the current “lower-low” formation, CVI will have to close above 64. The next target is 70, and if we’re able to break above this, the entire crypto market will see bigger intraday movements, much like what we saw in the first half of January.
The CVI ranges between 0-200
0-85 ≈ Low volatility
85-105 ≈ Medium volatility
105-200 ≈ High volatility