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

Monday, May 30, 2022 02:10 PM | InvestorsObserver Analysts
USDJ (USDJ) Falls 0%, Underperforms the Crypto Market Monday

USDJ (USDJ) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has lost 0.06% to $1.

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

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 tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. 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 favorably positioned going forward. With support around $0.996901699168526 and resistance around $1. This leaves USDJ 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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