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.
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.