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USDJ (USDJ) is relatively volatile compared to the cryptocurrency market. So far on Saturday, the cryptocurrency has risen 0.15% to $1.07.
low volatility
investor observer USDJ’s low volatility rank is 3, placing it in the bottom 3% of cryptocurrencies on the market.
The Volatility Gauge means that a day neither moves its rank up nor down. The USDJ’s low volatility reading, coupled with the low risk/reward gauge reading, means that the token’s price volatility is relatively small and well protected from price manipulation.
The USDJ price is trading close to the resistance. Support is at $1.06 and resistance is around $1.07. This could put some selling pressure on the USDJ as it could go long.
What is a token?
A token is a digital asset that exists on the blockchain of another cryptocurrency.
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