Lido stETH (STETH) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the crypto has increased 1.41% to $3299.86.
InvestorsObserver is giving Lido stETH a 9 Volatility Rank. Find out what this means to you and get the rest of the rankings on Lido stETH!
Low Volatility
InvestorsObserver gives Lido stETH a low volatility rank of 9, placing it in the bottom 9% of cryptos on the market.The Volatility Gauge takes into account 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 stETH price is well positioned going forward. With support at $3192.5 and resistance around $3357.77. This leaves Lido stETH with room to run before facing selling pressures.
