Kwikswap Protocol (kwik) has been relatively less volatile than the cryptocurrency market according to recent market analysis. So far on Saturday, the cryptocurrency has advanced 1.25% to $0.0003158489397.
![volatility - 17](https://i2.wp.com/s3.amazonaws.com/images.investorsobserver.com/ads/score-charts/bars/score-bar-chart-light-17.jpg?ssl=1)
Low volatility
InvestorsObserver It gives the Kwikswap Protocol a low volatility rank of 17, putting it in the bottom 17% of cryptocurrencies on the market.
The volatility indicator follows this and makes your score defined by recent trends, rather than a bad day. KWIK's low volatility reading comes with a low reading on the risk/reward indicator, meaning the token has relatively narrow price swings and is well protected from price manipulation.
Kwikswap Protocol price is trading near resistance. With support around $0.000309530744819796 and resistance near $0.000316474627728468. This positions the Kwikswap Protocol with potential selling pressures going forward as it may be overextending itself.
What is a token?
Tokens are digital assets that exist on the blockchain of another cryptocurrency.