Linker Coin (LNC) Rises 32%, Outperforms the Crypto Market Monday
Linker Coin (LNC) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has added 32% to $0.03885558591.
InvestorsObserver gives Linker Coin a high volatility rank of 82, placing it in the top 18% of cryptos on the market.
The Volatility Gauge takes into account this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
LNC’s high volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.
Linker Coin price is trading above resistance. With support near $0.0259122674328152 and resistance at $0.0359279562693897. This leaves Linker Coin out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
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