Rai Reflex Index (RAI) Down 0.01% Thursday: What's Next?

Thursday, February 03, 2022 07:29 AM | InvestorsObserver Analysts

Rai Reflex Index (RAI) has been relatively less volatile compared to the crypto market. So far Thursday, the Decentralized Finance has fallen 0.81% to $3.03.

InvestorsObserver is giving Rai Reflex Index a 2 Volatility Rank. Find out what this means to you and get the rest of the rankings on Rai Reflex Index!

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Low Volatility

InvestorsObserver gives Rai Reflex Index a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.

The Volatility Gauge tracks meaning that one day won't make or break its rank. RAI'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.

Rai Reflex Index price is trading near resistance. With support set at $3 and resistance around $3.04. This leaves Rai Reflex Index with potential selling pressures ahead as it may be getting over extended.