DigixDAO (DGD) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the Stablecoins has declined 48.05% to $121.97.
InvestorsObserver is giving DigixDAO a 95 Volatility Rank. Find out what this means to you and get the rest of the rankings on DigixDAO!
Highly Volatile
InvestorsObserver gives DigixDAO a high volatility rank of 95, placing it in the top 5% of cryptos on the market.The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. DGD's high volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.
DigixDAO price is favorably positioned going forward. With support set at $90.1 and resistance set at $157.17. This leaves DigixDAO with room to run before facing selling pressures.