Polkadot (DOT) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Distributed Software Platform has dropped 2.59% to $9.74.
InvestorsObserver is giving Polkadot a 35 Volatility Rank. Find out what this means to you and get the rest of the rankings on Polkadot!
Moderately Volatile
InvestorsObserver gives Polkadot a moderate volatility rank of 35, placing it in the bottom 35% of cryptos on the market.The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. DOT's moderate volatility reading pairs 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 in a good position going forward. With support at $9.07 and resistance near $10.12. This positions Polkadot with room to run before facing selling pressures.