InvestorsObserver gives USDK a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.
The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will.
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 in a favorable position going forward. With support around $0.984221161265678 and resistance near $1. This leaves USDK 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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