Stellar (XLM) has been relatively less volatile when compared to other cryptocurrencies. So far Friday, the Digital Money has dropped 1.01% to $0.2698831294.
InvestorsObserver is giving Stellar a 12 Volatility Rank. Find out what this means to you and get the rest of the rankings on Stellar!
Low Volatility
InvestorsObserver gives Stellar a low volatility rank of 12, placing it in the bottom 12% 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 low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
Stellar price is in a favorable position going forward. With support around $0.260663267523601 and resistance near $0.274420168549373. This positions Stellar with room to run before facing selling pressures.