Dexlab (DXL) Falls 0.02%, Underperforms the Crypto Market Tuesday

Tuesday, September 26, 2023 06:46 PM | InvestorsObserver Analysts

Dexlab (DXL) has been relatively more volatile when compared to other cryptocurrencies. So far Tuesday, the crypto has fallen 2.08% to $0.001642705471.

InvestorsObserver is giving Dexlab a 97 Volatility Rank. Find out what this means to you and get the rest of the rankings on Dexlab!

Highly Volatile

InvestorsObserver gives Dexlab a high volatility rank of 97, placing it in the top 3% of cryptos on the market.

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. DXL'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.

Dexlab price is in a favorable position going forward. With support set at $0.00143478611212768 and resistance at $0.0017864594534839. This positions Dexlab with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

Share this article: