Lido Staked ETH (stETH) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has added 0.6% to $2794.98.
InvestorsObserver is giving Lido Staked ETH a 18 Volatility Rank. Find out what this means to you and get the rest of the rankings on Lido Staked ETH!
Low Volatility
InvestorsObserver gives Lido Staked ETH a low volatility rank of 18, placing it in the bottom 18% of cryptos on the market.The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. stETH's low volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
Lido Staked ETH price is well positioned going forward. With support around $2716.22 and resistance around $2838.92. This positions Lido Staked ETH with room to run before facing selling pressures.
