Darma Cash (DMCH), Low Volatility but Falling Friday: Is it Time to Cash Out?

Friday, March 11, 2022 02:24 PM | InvestorsObserver Analysts

Darma Cash (DMCH) has been relatively less volatile when compared to other cryptocurrencies. So far Friday, the crypto has lost 0.01% to $0.2640887917.

InvestorsObserver is giving Darma Cash a 1 Volatility Rank. Find out what this means to you and get the rest of the rankings on Darma Cash!

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Low Volatility

InvestorsObserver gives Darma Cash a low volatility rank of 1, placing it in the bottom 1% of cryptos on the market.

The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. DMCH's low volatility reading pairs 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.

Darma Cash price is well positioned going forward. With support around $0.264017877131386 and resistance at $0.264143940955086. This leaves Darma Cash with room to run before facing selling pressures.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.