Strike Laboratory (LABX) has been relatively more volatile compared to the crypto market. So far on Friday, the crypto is up 99.92% to $ 0.0009610746603.
Highly volatile
Observer Investors gives Stakinglab a high volatility range of 89, placing it in the top 11% of cryptocurrencies on the market.
The volatility indicator tracks the previous 60 days, which means that one day it will neither make nor break the score. LABX's high volatility reading is paired with a low reading on the risk / reward indicator, which means that the coin has relatively wide price swings and is well protected against price manipulation.
Stakinglab price is trading above resistance. With support around $ 0.000300038645469216 and resistance established at $ 0.000838681978598801. This leaves Stakinglab out of range and potentially volatile if the rally dies down.
What is a coin?
A currency is a cryptocurrency that exists on its own blockchain. These are normally used for payments. Depending on the cryptocurrency, the use of those payments can range from general use in the Digital Money subclass to more specific uses in some other subclasses.
