USDD (USDD) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Monday, the Stablecoins has increased 0.74% to $0.9849597936.
Low Volatility
InvestorsObserver gives USDD a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.
The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day.
USDD’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.
USDD price is trading above resistance. With support around $0.975085688741868 and resistance set at $0.981859518202012. This leaves USDD out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
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