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

Kwikswap Protocol (KWIK) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has advanced 1.25% to $0.0003158489397.

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

Low Volatility

InvestorsObserver gives Kwikswap Protocol a low volatility rank of 17, placing it in the bottom 17% of cryptos on the market.

The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day.

KWIK’s low volatility reading comes 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.

Kwikswap Protocol price is trading near resistance. With support around $0.000309530744819796 and resistance near $0.000316474627728468. This positions Kwikswap Protocol with potential selling pressures ahead as it may be getting over extended.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency’s blockchain.