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Lition (LIT) Rises 100.22%, Outperforms the Crypto Market Monday

Monday, March 07, 2022 12:18 PM | InvestorsObserver Analysts
Lition (LIT) Rises 100.22%, Outperforms 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 advanced 100.22% to $0.003371586042.

volatility - 79
InvestorsObserver is giving Lition a 79 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 79, placing it in the top 21% of cryptos on the market.

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. LIT's high volatility reading is coupled 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 trading above resistance. With support at $0.00106995912522108 and resistance set at $0.00237034190233827. This positions Lition out of range and potentially in a volatile position if the rally burns out.

What is a Token?

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

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