Chainlink (LINK) Up 1.3% Thursday: What’s Next?

Chainlink (LINK) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Smart Contracts has gained 1.3% to $6.51.

InvestorsObserver is giving Chainlink a 40 Volatility Rank. Find out what this means to you and get the rest of the rankings on Chainlink!

Moderately Volatile

InvestorsObserver gives Chainlink a moderate volatility rank of 40, placing it in the bottom 40% of cryptos on the market.

The Volatility Gauge analyzes meaning that one day won’t make or break its rank.


LINK’s moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Chainlink price is favorably positioned going forward. With support at $5.76 and resistance around $7.21. This positions Chainlink with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency’s blockchain.

Stay In The Know

Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.

Thank you for signing up! You’re all set to receive the Morning Update newsletter