USDK (USDK) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the Stablecoins has dropped 0.04% to $1.
InvestorsObserver is giving USDK a 1 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 1, placing it in the bottom 1% of cryptos on the market.The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. USDK's low volatility reading is paired 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 favorably positioned going forward. With support set at $0.993946464732537 and resistance around $1. This positions USDK with room to run before facing selling pressures.
