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Chainlink (LINK) Price Decreases More Than 6% Within 24 Hours

Chainlink (LINK) Price Decreases More Than 6% Within 24 Hours

Over the past 24 hours, the price of Chainlink (LINK) has fallen 6.88% to $16.17. 

This continues its negative trend over the past week where it has experienced a 11.0% loss, moving from $18.08 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). 

Chainlink Price and Volatility Chart

 

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.

The trading volume for the coin has increased 31.0% over the past week while the overall circulating supply of the coin has increased 0.28% to over 587.10 million which makes up an estimated 58.71% of its max supply, which is 1.00 billion. 

The current market cap ranking for LINK is #16 at $9.49 billion.

Chainlink Price Chart | Source: Coinstats

 

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.

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.