Kuverit (KUV) Falls 0%, Underperforms the Crypto Market Tuesday

Tuesday, March 26, 2024 07:31 AM | InvestorsObserver Analysts

Kuverit (KUV) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the crypto has lost 0.04% to $0.00001678175214.

InvestorsObserver is giving Kuverit a 18 Volatility Rank. Find out what this means to you and get the rest of the rankings on Kuverit!

Low Volatility

InvestorsObserver gives Kuverit a low volatility rank of 18, placing it in the bottom 18% of cryptos on the market.

The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. KUV's low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.

Kuverit price is favorably positioned going forward. With support at $0.0000167692262473755 and resistance around $0.0000167883729298373. This leaves Kuverit with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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