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

Wednesday, September 28, 2022 01:22 PM | InvestorsObserver Analysts
Aidos Kuneen (ADK), High Volatility and Falling Wednesday: Is it Time to Cash Out?

Aidos Kuneen (ADK) has been relatively more volatile compared to the crypto market. So far Wednesday, the crypto has declined 33.06% to $0.135335785.

volatility - 85
InvestorsObserver is giving Aidos Kuneen a 85 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 85, placing it in the top 15% of cryptos on the market.

The Volatility Gauge takes into account 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 around $0.066303200609916 and resistance near $0.190628394074672. This positions 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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