USDD (USDD) Falls 0%, Underperforms the Crypto Market Sunday

Sunday, April 30, 2023 11:42 AM | InvestorsObserver Analysts

USDD (USDD) has been relatively less volatile when compared to other cryptocurrencies. So far Sunday, the Stablecoins has lost 0.03% to $0.9904227731.

InvestorsObserver is giving USDD a 2 Volatility Rank. Find out what this means to you and get the rest of the rankings on USDD!

Low Volatility

InvestorsObserver gives USDD a low volatility rank of 2, placing it in the bottom 2% 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. USDD's low volatility reading is paired 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.

USDD price is in a favorable position going forward. With support around $0.989185743716032 and resistance set at $0.991406910803587. This positions USDD 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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