Stellar (XLM) Falls 0.01%, Outperforms the Crypto Market Wednesday

22 June 2022

in XLM

Reading Time: 2 mins read

Stellar (XLM) has been relatively less volatile when compared to other cryptocurrencies. So far Wednesday, the Digital Money has fallen 0.63% to $0.1130323039.

InvestorsObserver is giving Stellar a 24 Volatility Rank. Find out what this means to you and get the rest of the rankings on Stellar!

Low Volatility

InvestorsObserver gives Stellar a low volatility rank of 24, placing it in the bottom 24% of cryptos on the market.

XRP Rival Stellar (XLM) Skyrockets 140% in Volume Amid XRP Mania

30 July 2024

Is the Stellar (XLM) 23.60% Fibonacci Retest the Best Buy?

30 July 2024

The Volatility Gauge analyzes which means that one day won’t define its volatility rank – a trend will.

[crypto-donation-box]

XLM’s low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.

Stellar price is favorably positioned going forward. With support near $0.109859508630856 and resistance near $0.11684002464734. This positions Stellar with room to run before facing selling pressures.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.