Rai Reflex Index (RAI) Down 0% Tuesday: What's Next?

Tuesday, December 28, 2021 07:45 PM | InvestorsObserver Analysts

Rai Reflex Index (RAI) has been relatively less volatile compared to the crypto market. So far Tuesday, the Decentralized Finance has fallen 0.26% to $3.01.

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 takes into account this makes its score defined by recent trends, rather than a bad day. RAI's low volatility reading comes 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 set at $3.02. This positions Rai Reflex Index with potential selling pressures ahead as it may be getting over extended.