Chainlink (LINK) has been relatively less volatile compared to the crypto market. So far Sunday, the Smart Contracts has advanced 16.35% to $28.12.
InvestorsObserver is giving Chainlink a 20 Volatility Rank. Find out what this means to you and get the rest of the rankings on Chainlink!
Low Volatility
InvestorsObserver gives Chainlink a low volatility rank of 20, placing it in the bottom 20% of cryptos on the market.The Volatility Gauge analyzes meaning that one day won't make or break its rank. LINK's low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
Chainlink price is trading above resistance. With support around $22.93 and resistance near $26.29. This positions Chainlink out of range and potentially in a volatile position if the rally burns out.