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Ledger Nano X - The secure hardware wallet
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Is it Time to Cash Out?

14 March 2023
in XLM
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Tuesday, March 14, 2023 06:20 AM | InvestorsObserver Analysts

Stellar (XLM) has been relatively less volatile compared to the crypto market. So far Tuesday, the Digital Money has advanced 4.05% to $0.08448702689.

volatility - 15
InvestorsObserver is giving Stellar a 15 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 15, placing it in the bottom 15% of cryptos on the market.

The Volatility Gauge tracks meaning that one day won’t make or break its rank.

XLM’s low volatility reading comes 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 trading above resistance. With support around $0.0793537899509766 and resistance at $0.0842582836405136. This leaves Stellar out of range and potentially in a volatile position if the rally burns out.

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.

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