DeHive (DHV) Falls 0.03%, Underperforms the Crypto Market Friday

Friday, February 11, 2022 08:36 AM | InvestorsObserver Analysts

DeHive (DHV) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Friday, the Decentralized Finance has lost 2.7% to $0.4701332764.

InvestorsObserver is giving DeHive a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on DeHive!

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Highly Volatile

InvestorsObserver gives DeHive a high volatility rank of 98, placing it in the top 2% of cryptos on the market.

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. DHV's high volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.

DeHive price is favorably positioned going forward. With support set at $0.455086941451333 and resistance near $0.478934282988809. This positions DeHive with room to run before facing selling pressures.