Chainlink (LINK) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Smart Contracts has fallen 1.13% to $14.4.
InvestorsObserver is giving Chainlink a 46 Volatility Rank. Find out what this means to you and get the rest of the rankings on Chainlink!
The Volatility Gauge takes into account meaning that one day won’t make or break its rank.
LINK’s moderate volatility reading is coupled 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 well positioned going forward. With support near $14.01 and resistance around $14.63. This positions Chainlink with room to run before facing selling pressures.
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