Rai Reflex Index (RAI) Rises 0.27%, Underperforms the Crypto Market Thursday

Thursday, December 23, 2021 07:36 PM | InvestorsObserver Analysts

Rai Reflex Index (RAI) has been relatively less volatile compared to the crypto market. So far Thursday, the Decentralized Finance has added 0.27% 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 takes into account which means that one day won't define its volatility rank - a trend will. 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 well positioned going forward. With support at $3.01 and resistance around $3.04. This positions Rai Reflex Index with room to run before facing selling pressures.