Dynamix (DYNA) Rises 29.75%, Outperforms the Crypto Market Friday

Friday, August 19, 2022 07:51 PM | InvestorsObserver Analysts

Dynamix (DYNA) has been relatively more volatile when compared to other cryptocurrencies. So far Friday, the crypto has added 29.75% to $0.0000000003634986456.

InvestorsObserver is giving Dynamix a 92 Volatility Rank. Find out what this means to you and get the rest of the rankings on Dynamix!

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Highly Volatile

InvestorsObserver gives Dynamix a high volatility rank of 92, placing it in the top 8% of cryptos on the market.

The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. DYNA's high volatility reading is paired 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.

Dynamix price is in a favorable position going forward. With support near $0.000000000206052122174607 and resistance around $0.000000000425376930489487. This positions Dynamix with room to run before facing selling pressures.