Loopring (LRC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has gained 1.33% to $1.19.
InvestorsObserver is giving Loopring a 41 Volatility Rank. Find out what this means to you and get the rest of the rankings on Loopring!
Moderately Volatile
InvestorsObserver gives Loopring a moderate volatility rank of 41, placing it in the bottom 41% of cryptos on the market.The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. LRC's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
Loopring price is well positioned going forward. With support at $1.11 and resistance near $1.24. This positions Loopring with room to run before facing selling pressures.
