Polkadot (DOT) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Thursday, the Distributed Software Platform has fallen 1.67% to $4.05.
InvestorsObserver is giving Polkadot a 24 Volatility Rank. Find out what this means to you and get the rest of the rankings on Polkadot!
The Volatility Gauge follows meaning that one day won’t make or break its rank.
DOT’s low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
Polkadot price is in a favorable position going forward. With support around $3.99 and resistance at $4.07. This leaves Polkadot with room to run before facing selling pressures.
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