Pax Dollar (USDP) has been relatively less volatile compared to the crypto market. So far Sunday, the Stablecoins has dropped 1.26% to $0.990362139.
The Volatility Gauge tracks this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
USDP’s low volatility reading is coupled 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.
Pax Dollar price is trading near resistance. With support set at $0.979217729352272 and resistance near $0.990462085984505. This leaves Pax Dollar with potential selling pressures ahead as it may be getting over extended.