Leverj Gluon (L2) Falls 0%, Underperforms the Crypto Market Saturday

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Saturday, January 6, 2024 10:05 | Analysts Observers Investors

Leverj Glue (L2) has been relatively more volatile than the cryptocurrency market according to recent market analysis. So far on Saturday, Decentralized Finance has decreased by 0.08% to $0.001105024102.

InvestorsObserver is giving Leverj Gluon a 97 volatility rank. Find out what this means for you and get the rest of the rankings on Leverj Gluon!

Highly volatile

InvestorsObserver gives Leverj Gluon a high volatility rank of 97, putting it in the top 3% of cryptocurrencies on the market.

The volatility indicator takes into account this meaning that the ranking represents your recent trends and is not overly influenced by a sudden spike (or two) in volatility. L2's high volatility reading comes with a low reading on the risk/reward indicator, meaning the token has relatively wide price swings and is well protected against price manipulation.

Leverj Gluon price is in a good position going forward. With support around USD 0.00110355094536006 and resistance at USD 0.00110583245283722. This puts Leverj Gluon with room to run before facing selling pressure.

What is a token?

Tokens are digital assets that exist on the blockchain of another cryptocurrency.

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