Pax Dollar (USDP) Rises 0.24%, Outperforms the Crypto Market Wednesday

Wednesday, September 21, 2022 01:04 PM | InvestorsObserver Analysts

Pax Dollar (USDP) has been relatively less volatile compared to the crypto market. So far Wednesday, the Stablecoins has added 0.24% to $1.

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!

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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 follows this makes its score defined by recent trends, rather than a bad day. 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 With support at $0.995614889740595 and resistance around $1. This leaves Pax Dollar