Chainlink (LINK) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the Smart Contracts has advanced 5.87% to $14.54.
InvestorsObserver is giving Chainlink a 47 Volatility Rank. Find out what this means to you and get the rest of the rankings on Chainlink!
The Volatility Gauge tracks meaning that one day won’t make or break its rank.
LINK’s moderate volatility reading comes 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 trading above resistance. With support at $13.25 and resistance around $14. This leaves Chainlink out of range and potentially in a volatile position if the rally burns out.
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