Defigram (DFG) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the crypto has declined 21.76% to $2.32.
Moderately Volatile
InvestorsObserver gives Defigram a moderate volatility rank of 65, placing it in the top 35% of cryptos on the market.
The Volatility Gauge analyzes which means that one day won’t define its volatility rank – a trend will.
DFG’s moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
Defigram price is trading near resistance. With support near $2.15 and resistance around $2.34. This positions Defigram with potential selling pressures ahead as it may be getting over extended.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
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