×
News Home

Pax Dollar (USDP), Low Volatility but Falling Sunday: Is it Time to Cash Out?

Sunday, December 19, 2021 03:44 PM | InvestorsObserver Analysts
Pax Dollar (USDP), Low Volatility but Falling Sunday: Is it Time to Cash Out?

Pax Dollar (USDP) has been relatively less volatile compared to the crypto market. So far Sunday, the Stablecoins has lost 0.11% to $0.9994876304.

volatility - 2
InvestorsObserver is giving Pax Dollar a 2 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 2, placing it in the bottom 2% of cryptos on the market.

The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. USDP'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.

Pax Dollar price is in a favorable position going forward. With support around $0.99679742857407 and resistance around $1. This positions Pax Dollar with room to run before facing selling pressures.

What is a Token?

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

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App