InvestorsObserver
×
News Home

Dynamic (DYN), Moderate Volatility and Rising Monday: Is it Time to Cash Out?

Monday, January 31, 2022 12:16 PM | InvestorsObserver Analysts
Dynamic (DYN), Moderate Volatility and Rising Monday: Is it Time to Cash Out?

Dynamic (DYN) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the crypto has advanced 39.17% to $0.1343273372.

volatility - 75
InvestorsObserver is giving Dynamic a 75 Volatility Rank. Find out what this means to you and get the rest of the rankings on Dynamic!

Moderately Volatile

InvestorsObserver gives Dynamic a moderate volatility rank of 75, placing it in the top 25% of cryptos on the market.

The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. DYN'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.

Dynamic price is trading above resistance. With support near $0.0808327039988168 and resistance near $0.126467025867236. This leaves Dynamic out of range and potentially in a volatile position if the rally burns out.

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.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App