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LYNC Network (LYNC) Falls 0.01%, Outperforms the Crypto Market Sunday

Sunday, January 30, 2022 03:00 PM | InvestorsObserver Analysts
LYNC Network (LYNC) Falls 0.01%, Outperforms the Crypto Market Sunday

LYNC Network (LYNC) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has dropped 1.33% to $0.3656654382.

volatility - 17
InvestorsObserver is giving LYNC Network a 17 Volatility Rank. Find out what this means to you and get the rest of the rankings on LYNC Network!

Low Volatility

InvestorsObserver gives LYNC Network a low volatility rank of 17, placing it in the bottom 17% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. LYNC's low volatility reading pairs 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.

LYNC Network price is in a good position going forward. With support set at $0.356374065544099 and resistance set at $0.370207171108217. This leaves LYNC Network with room to run before facing selling pressures.

What is a Token?

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

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