USDK (USDK) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the Stablecoins has lost 0.96% to $0.9981544783.
InvestorsObserver is giving USDK a 2 Volatility Rank. Find out what this means to you and get the rest of the rankings on USDK!
Low Volatility
InvestorsObserver gives USDK a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. USDK'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.
USDK price is trading near resistance. With support near $0.983117815312343 and resistance set at $1. This leaves USDK with potential selling pressures ahead as it may be getting over extended.
