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Lucid Lands (LLG) Rises 41.48%, Outperforms the Crypto Market Thursday

Thursday, February 03, 2022 08:56 AM | InvestorsObserver Analysts
Lucid Lands (LLG) Rises 41.48%, Outperforms the Crypto Market Thursday

Lucid Lands (LLG) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Thursday, the crypto has increased 41.48% to $0.00305567751.

volatility - 80
InvestorsObserver is giving Lucid Lands a 80 Volatility Rank. Find out what this means to you and get the rest of the rankings on Lucid Lands!

Highly Volatile

InvestorsObserver gives Lucid Lands a high volatility rank of 80, placing it in the top 20% 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. LLG'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.

Lucid Lands price is trading above resistance. With support at $0.0018391842032873 and resistance set at $0.0027992201513701. This positions Lucid Lands 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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