Lympo Market Token (LMT) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the Sports and Fan Tokens has fallen 32.84% to $0.0188253682.
Highly Volatile
InvestorsObserver gives Lympo Market Token a high volatility rank of 82, placing it in the top 18% of cryptos on the market.
The Volatility Gauge tracks which means that one day won’t define its volatility rank – a trend will.
LMT’s high volatility reading is paired 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.
Lympo Market Token price is favorably positioned going forward. With support around $0.00562093462841978 and resistance around $0.0253792103384661. This leaves Lympo Market Token with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
