Diamond Launch (DLC) Falls 0%, Underperforms the Crypto Market Saturday

Saturday, March 18, 2023 01:43 PM | InvestorsObserver Analysts

Diamond Launch (DLC) has been relatively less volatile when compared to other cryptocurrencies. So far Saturday, the crypto has lost 0.16% to $0.1304084279.

InvestorsObserver is giving Diamond Launch a 3 Volatility Rank. Find out what this means to you and get the rest of the rankings on Diamond Launch!

Low Volatility

InvestorsObserver gives Diamond Launch a low volatility rank of 3, placing it in the bottom 3% of cryptos on the market.

The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. DLC's low volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.

Diamond Launch price is favorably positioned going forward. With support at $0.129984327368415 and resistance set at $0.13074290078131. This leaves Diamond Launch with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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