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Lition (LIT) Falls 0.18%, Underperforms the Crypto Market Monday

Monday, May 16, 2022 08:30 AM | InvestorsObserver Analysts
Lition (LIT) Falls 0.18%, Underperforms the Crypto Market Monday

Lition (LIT) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has lost 18.02% to $0.002865233068.

volatility - 99
InvestorsObserver is giving Lition a 99 Volatility Rank. Find out what this means to you and get the rest of the rankings on Lition!

Highly Volatile

InvestorsObserver gives Lition a high volatility rank of 99, placing it in the top 1% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. LIT's high volatility reading pairs 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.

Lition price is favorably positioned going forward. With support around $0.00223400801064744 and resistance at $0.00326849248836114. This positions Lition with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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