Mytheria (LOOK) has been relatively more volatile than the cryptocurrency market according to recent market analysis. So far on Saturday, the cryptocurrency has added 27.01% to $0.003144422288.
![volatility - 79](https://i2.wp.com/s3.amazonaws.com/images.investorsobserver.com/ads/score-charts/bars/score-bar-chart-light-79.jpg?ssl=1)
Highly volatile
InvestorsObserver gives Mytheria a high volatility rank of 79, putting it in the top 21% of cryptocurrencies on the market.
The volatility indicator tracks, which means that one day it will not define your volatility range, but a trend. MYRA's high volatility reading is combined with a low reading on the risk/reward indicator, meaning the token has relatively wide price swings and is well protected against price manipulation.
Mytheria price is trading near resistance. With support at $0.00204837008965196 and resistance around $0.00318390190255823. This leaves Mytheria with potential selling pressures going forward as it may be overextending itself.
What is a token?
Tokens are digital assets that exist on the blockchain of another cryptocurrency.