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LuaSwap (LUA) Rises 25.54%, Outperforms the Crypto Market Friday

Friday, March 01, 2024 03:25 PM | InvestorsObserver Analysts
LuaSwap (LUA) Rises 25.54%, Outperforms the Crypto Market Friday

LuaSwap (LUA) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Friday, the Decentralized Finance has increased 25.54% to $0.0004856988159.

volatility - 88
InvestorsObserver is giving LuaSwap a 88 Volatility Rank. Find out what this means to you and get the rest of the rankings on LuaSwap!

Highly Volatile

InvestorsObserver gives LuaSwap a high volatility rank of 88, placing it in the top 12% of cryptos on the market.

The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. LUA's high volatility reading is paired 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.

LuaSwap price is trading above resistance. With support at $0.000362561551457145 and resistance near $0.00042792374880413. This positions LuaSwap 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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