Rai Reflex Index (RAI) Rises 0.2%, Outperforms the Crypto Market Sunday

Sunday, May 08, 2022 08:34 AM | InvestorsObserver Analysts

Rai Reflex Index (RAI) has been relatively less volatile compared to the crypto market. So far Sunday, the Decentralized Finance has gained 0.2% 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 follows meaning that one day won't make or break its rank. 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 in a good position going forward. With support around $2.99 and resistance set at $3.02. This leaves Rai Reflex Index with room to run before facing selling pressures.