Aidos Kuneen (ADK) Falls 0.32%, Underperforms the Crypto Market Thursday

Thursday, June 30, 2022 01:54 PM | InvestorsObserver Analysts

Aidos Kuneen (ADK) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the crypto has fallen 31.75% to $0.1211135476.

InvestorsObserver is giving Aidos Kuneen a 72 Volatility Rank. Find out what this means to you and get the rest of the rankings on Aidos Kuneen!

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Moderately Volatile

InvestorsObserver gives Aidos Kuneen a moderate volatility rank of 72, placing it in the top 28% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. ADK's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

Aidos Kuneen price is favorably positioned going forward. With support near $0.0812342915841788 and resistance near $0.143193968028709. This leaves Aidos Kuneen with room to run before facing selling pressures.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.