Fire Lotto (FLOT) Down 0.02% Sunday: What's Next?

Sunday, November 20, 2022 12:35 PM | InvestorsObserver Analysts

Fire Lotto (FLOT) has been relatively more volatile compared to the crypto market. So far Sunday, the crypto has dropped 1.64% to $0.0005009396193.

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

See Full Report

Highly Volatile

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

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. FLOT's high volatility reading comes 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.

Fire Lotto price is in a good position going forward. With support at $0.000494381036669855 and resistance set at $0.000503609861307685. This leaves Fire Lotto with room to run before facing selling pressures.