Dexlab (DXL) has been relatively more volatile compared to the crypto market. So far Thursday, the crypto has increased 7.68% to $0.001462839635.
InvestorsObservergives Dexlab a high volatility rank of 97, placing it in the top 3% of cryptos on the market.
The Volatility Gauge tracks this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
DXL’s high volatility reading is coupled 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.
Dexlab price is well positioned going forward. With support around $0.00126357471014815 and resistance near $0.00154800760935503. This positions Dexlab 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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