Polygon (MATIC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Distributed Software Platform has added 3.01% to $0.7473622121.
The Volatility Gauge tracks this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
MATIC’s moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Polygon price is trading above resistance. With support around $0.715991472392783 and resistance at $0.736829315810905. This positions Polygon out of range and potentially in a volatile position if the rally burns out.