Lido Staked ETH (stETH) has been relatively less volatile when compared to other cryptocurrencies. So far Tuesday, the crypto has fallen 0.03% to $2072.44.
InvestorsObserver is giving Lido Staked ETH a 15 Volatility Rank. Find out what this means to you and get the rest of the rankings on Lido Staked ETH!
The Volatility Gauge takes into account this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
stETH’s low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
Lido Staked ETH price is favorably positioned going forward. With support at $2048.86 and resistance set at $2105.31. This positions Lido Staked ETH with room to run before facing selling pressures.
