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Linker Coin (LNC), Low Volatility but Rising Monday: Is it Time to Cash Out?

Monday, December 20, 2021 06:08 PM | InvestorsObserver Analysts
Linker Coin (LNC), Low Volatility but Rising Monday: Is it Time to Cash Out?

Linker Coin (LNC) has been relatively less volatile when compared to other cryptocurrencies. So far Monday, the crypto has increased 10.35% to $0.07206853848.

volatility - 15
InvestorsObserver is giving Linker Coin a 15 Volatility Rank. Find out what this means to you and get the rest of the rankings on Linker Coin!

Low Volatility

InvestorsObserver gives Linker Coin a low volatility rank of 15, placing it in the bottom 15% of cryptos on the market.

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. LNC'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.

Linker Coin price is trading above resistance. With support around $0.0641782831595835 and resistance set at $0.0666422274158892. This leaves Linker Coin out of range and potentially in a volatile position if the rally burns out.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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