Uquid Coin (UQC) Rises 0.02%, Underperforms the Crypto Market Wednesday

Wednesday, August 03, 2022 02:28 PM | InvestorsObserver Analysts

Uquid Coin (UQC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Wrapped Tokens has gained 0.02% to $15.43.

InvestorsObserver is giving Uquid Coin a 47 Volatility Rank. Find out what this means to you and get the rest of the rankings on Uquid Coin!

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Moderately Volatile

InvestorsObserver gives Uquid Coin a moderate volatility rank of 47, placing it in the bottom 47% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. UQC's moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Uquid Coin price is in a good position going forward. With support set at $15.13 and resistance at $15.62. This leaves Uquid Coin with room to run before facing selling pressures.