Binance USD (BUSD) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the Stablecoins has dropped 0.08% to $0.9996277046.
InvestorsObserver is giving Binance USD a 1 Volatility Rank. Find out what this means to you and get the rest of the rankings on Binance USD!
The Volatility Gauge takes into account which means that one day won’t define its volatility rank – a trend will.
BUSD’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.
Binance USD price is well positioned going forward. With support around $0.996097599182313 and resistance near $1. This positions Binance USD with room to run before facing selling pressures.
