USDJ (USDJ) Falls 0%, Underperforms the Crypto Market Friday

Friday, August 05, 2022 04:33 PM | InvestorsObserver Analysts

USDJ (USDJ) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the crypto has fallen 0.22% to $0.9977200714.

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

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Low Volatility

InvestorsObserver gives USDJ a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. USDJ's low volatility reading pairs 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.

USDJ price is well positioned going forward. With support at $0.99460694237318 and resistance around $0.998765260415935. This positions USDJ with room to run before facing selling pressures.