Polkadot (DOT) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Distributed Software Platform has declined 1.21% to $4.42.
InvestorsObserver is giving Polkadot a 25 Volatility Rank. Find out what this means to you and get the rest of the rankings on Polkadot!
The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day.
DOT’s moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Polkadot price is favorably positioned going forward. With support set at $4.23 and resistance around $4.52. This leaves Polkadot with room to run before facing selling pressures.
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