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 lost 0.81% to $0.9971487758.
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 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 trading near resistance. With support around $0.988355128351267 and resistance set at $0.999697653833444. This positions USDK with potential selling pressures ahead as it may be getting over extended.
