DeRace (DERC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the crypto has gained 8.08% to $0.2550229997.
Moderately Volatile
InvestorsObservergives DeRace a moderate volatility rank of 40, placing it in the bottom 40% of cryptos on the market.
The Volatility Gauge takes into account this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
DERC’s moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
DeRace price is trading above resistance. With support near $0.232719600966872 and resistance around $0.241223157218398. This leaves DeRace out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
