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 increased 4.63% to $0.0009488527501.
InvestorsObserver is giving Ink Protocol a 15 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 15, placing it in the bottom 15% of cryptos on the market.The Volatility Gauge tracks 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 trading above resistance. With support around $0.000894016680739089 and resistance around $0.000926836371853217. This leaves Ink Protocol out of range and potentially in a volatile position if the rally burns out.
