Stellar (XLM) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Digital Money has dropped 0.94% to $0.08984691144.
InvestorsObserver is giving Stellar a 25 Volatility Rank. Find out what this means to you and get the rest of the rankings on Stellar!
Moderately Volatile
InvestorsObserver gives Stellar a moderate volatility rank of 25, placing it in the bottom 25% of cryptos on the market.
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. XLM’s moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Stellar price is favorably positioned going forward. With support at $0.0875321546311566 and resistance set at $0.0918999233956525. This positions Stellar with room to run before facing selling pressures.
What is a Coin?
A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.
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