Ink Protocol (XNK) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the Marketplace has advanced 2.34% to $0.0007692138026.
InvestorsObserver is giving Ink Protocol a 12 Volatility Rank. Find out what this means to you and get the rest of the rankings on Ink Protocol!
Low Volatility
InvestorsObserver gives Ink Protocol a low volatility rank of 12, placing it in the bottom 12% of cryptos on the market.The Volatility Gauge takes into account meaning that one day won't make or break its rank. XNK's low volatility reading is coupled 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.
Ink Protocol price is well positioned going forward. With support around $0.000733521737025229 and resistance set at $0.00078547725487232. This positions Ink Protocol with room to run before facing selling pressures.
