Chainlink (LINK) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Smart Contracts has increased 1.62% to $19.13.
InvestorsObserver is giving Chainlink a 27 Volatility Rank. Find out what this means to you and get the rest of the rankings on Chainlink!
The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day.
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 trading near resistance. With support near $18.63 and resistance set at $19.15. This leaves Chainlink with potential selling pressures ahead as it may be getting over extended.
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