USDJ (USDJ) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the crypto has fallen 0.22% to $0.9977200714.
InvestorsObserver gives USDJ a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.
The Volatility Gauge takes into account meaning that one day won’t make or break its rank.
USDJ’s low volatility reading pairs 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.
USDJ price is well positioned going forward. With support at $0.99460694237318 and resistance around $0.998765260415935. This positions USDJ 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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