Chainlink (LINK) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Smart Contracts has added 3.1% to $11.27.
InvestorsObserver is giving Chainlink a 43 Volatility Rank. Find out what this means to you and get the rest of the rankings on Chainlink!
The Volatility Gauge follows meaning that one day won’t make or break its rank.
LINK’s moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
Chainlink price is in a good position going forward. With support near $10.54 and resistance around $11.52. This positions Chainlink with room to run before facing selling pressures.
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