Aidos Kuneen (ADK) Down 0% Monday: What's Next?

Monday, May 22, 2023 01:40 PM | InvestorsObserver Analysts

Aidos Kuneen (ADK) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has fallen 0.23% to $0.008051154789.

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 takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. ADK's high volatility reading comes 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 favorably positioned going forward. With support around $0.00751484686732478 and resistance around $0.0083381201908011. 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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