Lotto (LOTTO) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the Gaming has dropped 28.7% to $0.009106806648.
InvestorsObserver gives Lotto a high volatility rank of 77, placing it in the top 23% of cryptos on the market.
The Volatility Gauge tracks which means that one day won’t define its volatility rank – a trend will.
LOTTO’s high volatility reading comes 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.
Lotto price is trading above resistance. With support set at $0.00896150536923102 and resistance around $0.00898457609204939. This leaves Lotto 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.