Lethean (LTHN) Rises 31.44%, Outperforms the Crypto Market Thursday

Thursday, August 25, 2022 02:07 PM | InvestorsObserver Analysts

Lethean (LTHN) has been relatively more volatile when compared to other cryptocurrencies. So far Thursday, the crypto has gained 31.44% to $0.0001736156684.

InvestorsObserver is giving Lethean a 90 Volatility Rank. Find out what this means to you and get the rest of the rankings on Lethean!

See Full Report

Highly Volatile

InvestorsObserver gives Lethean a high volatility rank of 90, placing it in the top 10% of cryptos on the market.

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

Lethean price is trading above resistance. With support set at $0.000125674996313631 and resistance at $0.000143185199492603. This leaves Lethean out of range and potentially in a volatile position if the rally burns out.

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.