Decentraland (MANA) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the crypto has increased 5.56% to $2.59.
InvestorsObserver is giving Decentraland a 35 Volatility Rank. Find out what this means to you and get the rest of the rankings on Decentraland!
Moderately Volatile
InvestorsObserver gives Decentraland a moderate volatility rank of 35, placing it in the bottom 35% of cryptos on the market.The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. MANA's moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
Decentraland price is trading above resistance. With support at $2.39 and resistance around $2.53. This positions Decentraland out of range and potentially in a volatile position if the rally burns out.
