Polygon (MATIC) has been relatively less volatile when compared to other cryptocurrencies. So far Sunday, the Distributed Software Platform has gained 1.94% to $1.11.
Low VolatilityInvestorsObserver gives Polygon a low volatility rank of 24, placing it in the bottom 24% of cryptos on the market.
The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. MATIC's low volatility reading comes 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.
Polygon price is in a good position going forward. With support set at $1.02 and resistance at $1.16. This leaves Polygon with room to run before facing selling pressures.