Polygon (MATIC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Distributed Software Platform has gained 1.76% to $0.851310403.
InvestorsObserver is giving Polygon a 33 Volatility Rank. Find out what this means to you and get the rest of the rankings on Polygon!
Moderately Volatile
InvestorsObserver gives Polygon a moderate volatility rank of 33, placing it in the bottom 33% of cryptos on the market.The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. MATIC's moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Polygon price is trading near resistance. With support around $0.811158958786904 and resistance at $0.852012995594918. This leaves Polygon with potential selling pressures ahead as it may be getting over extended.