Polkadot (DOT) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Distributed Software Platform has added 3.39% to $6.79.
InvestorsObserver is giving Polkadot a 28 Volatility Rank. Find out what this means to you and get the rest of the rankings on Polkadot!
The Volatility Gauge tracks this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
DOT’s moderate volatility reading comes 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 trading above resistance. With support at $6.47 and resistance around $6.75. This positions Polkadot out of range and potentially in a volatile position if the rally burns out.
