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

Sunday, October 01, 2023 06:39 PM | InvestorsObserver Analysts
USDD (USDD) Falls 0%, Underperforms the Crypto Market Sunday

USDD (USDD) has been relatively less volatile compared to the crypto market. So far Sunday, the Stablecoins has dropped 0.04% to $0.9979842181.

volatility - 3
InvestorsObserver is giving USDD a 3 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 3, placing it in the bottom 3% of cryptos on the market.

The Volatility Gauge follows meaning that one day won't make or break its rank. USDD'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.

USDD price is favorably positioned going forward. With support around $0.996932630142966 and resistance at $0.998758678040304. 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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