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Rai Reflex Index (RAI) Rises 0.02%, Underperforms the Crypto Market Friday

Friday, September 02, 2022 06:30 PM | InvestorsObserver Analysts
Rai Reflex Index (RAI) Rises 0.02%, Underperforms the Crypto Market Friday

Rai Reflex Index (RAI) has been relatively less volatile compared to the crypto market. So far Friday, the Decentralized Finance has added 0.02% to $2.9.

volatility - 3
InvestorsObserver is giving Rai Reflex Index a 3 Volatility Rank. Find out what this means to you and get the rest of the rankings on Rai Reflex Index!

Low Volatility

InvestorsObserver gives Rai Reflex Index a low volatility rank of 3, placing it in the bottom 3% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. RAI'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.

Rai Reflex Index price is favorably positioned going forward. With support set at $2.87 and resistance at $2.92. This leaves Rai Reflex Index 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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