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Aidos Kuneen (ADK), High Volatility and Falling Saturday: Is it Time to Cash Out?

Saturday, April 01, 2023 01:49 PM | InvestorsObserver Analysts
Aidos Kuneen (ADK), High Volatility and Falling Saturday: Is it Time to Cash Out?

Aidos Kuneen (ADK) has been relatively more volatile when compared to other cryptocurrencies. So far Saturday, the crypto has fallen 0.13% to $0.04968923245.

volatility - 97
InvestorsObserver is giving Aidos Kuneen a 97 Volatility Rank. Find out what this means to you and get the rest of the rankings on Aidos Kuneen!

Highly Volatile

InvestorsObserver gives Aidos Kuneen a high volatility rank of 97, placing it in the top 3% of cryptos on the market.

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

Aidos Kuneen price is in a good position going forward. With support at $0.0490623598937865 and resistance around $0.0501232331638213. 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.

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