Pax Dollar (USDP) has been relatively less volatile compared to the crypto market. So far Sunday, the Stablecoins has dropped 1.26% to $0.990362139.
InvestorsObserver is giving Pax Dollar a 3 Volatility Rank. Find out what this means to you and get the rest of the rankings on Pax Dollar!
Low Volatility
InvestorsObserver gives Pax Dollar a low volatility rank of 3, placing it in the bottom 3% of cryptos on the market.The Volatility Gauge tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. USDP'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.
Pax Dollar price is trading near resistance. With support set at $0.979217729352272 and resistance near $0.990462085984505. This leaves Pax Dollar with potential selling pressures ahead as it may be getting over extended.