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The price of Chainlink decreased 10.12% over the past 24 hours to $14.48, continuing its downward trend over the past week of -6.0%, moving from $15.63 to its current price.
The chart below compares the price movement and volatility for Chainlink over the past 24 hours (left) to its price movement over the past week (right).
The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
See Also: XVS Price Drops 11.5% Following False Report Of Hack Attack On Venus Protocol
Chainlink’s trading volume has climbed 9.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 0.36%.
This brings the circulating supply to 556.85 million, which makes up an estimated 55.68% of its max supply of 1.00 billion. According to our data, the current market cap ranking for LINK is #14 at $8.07 billion.
Luckily, the price of Chainlink rose to above $15 but has started declining again. Smart trader should find out how to take advantage of this move.
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
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