Lido stETH (STETH) Rises 1.41%, Underperforms the Crypto Market Friday

Lido stETH (STETH) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the crypto has increased 1.41% to $3299.86.

volatility - 9
InvestorsObserver is giving Lido stETH a 9 Volatility Rank. Find out what this means to you and get the rest of the rankings on Lido stETH!

Low Volatility

InvestorsObserver gives Lido stETH a low volatility rank of 9, placing it in the bottom 9% of cryptos on the market.

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

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

Lido stETH price is well positioned going forward. With support at $3192.5 and resistance around $3357.77. This leaves Lido stETH with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency’s blockchain.

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