Stellar (XLM) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Digital Money has fallen 1.12% to $0.1180852663.
The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day.
XLM’s moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Stellar price is in a favorable position going forward. With support set at $0.116224050174237 and resistance set at $0.119525268326283. This positions Stellar with room to run before facing selling pressures.