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2local (2LC) Rises 21.95%, Outperforms the Crypto Market Wednesday

Wednesday, February 16, 2022 05:07 PM | InvestorsObserver Analysts
2local (2LC) Rises 21.95%, Outperforms the Crypto Market Wednesday

2local (2LC) has been relatively more volatile compared to the crypto market. So far Wednesday, the crypto has added 21.95% to $0.00009911153004.

volatility - 81
InvestorsObserver is giving 2local a 81 Volatility Rank. Find out what this means to you and get the rest of the rankings on 2local!

Highly Volatile

InvestorsObserver gives 2local a high volatility rank of 81, placing it in the top 19% of cryptos on the market.

The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. 2LC's high volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.

2local price is trading above resistance. With support near $0.0000612974102450101 and resistance set at $0.0000941204191958099. This positions 2local 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.

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