Polkadot (DOT) has been relatively less volatile compared to the crypto market. So far Friday, the Distributed Software Platform has added 2.26% to $27.25.
InvestorsObserver is giving Polkadot a 20 Volatility Rank. Find out what this means to you and get the rest of the rankings on Polkadot!
Low Volatility
InvestorsObserver gives Polkadot a low volatility rank of 20, placing it in the bottom 20% of cryptos on the market.The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. DOT's low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
Polkadot price is trading near resistance. With support set at $25.79 and resistance near $27.55. This leaves Polkadot with potential selling pressures ahead as it may be getting over extended.