Kwikswap Protocol (KWIK) Rises 1.25%, Underperforms the Crypto Market Saturday

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Saturday September 16, 2023 11:35 | Analysts Observers Investors

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
InvestorsObserver is giving the Kwikswap Protocol a Volatility Rank 17. Find out what this means for you and get the rest of the rankings on the Kwikswap Protocol!

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.

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