Liquity USD (LUSD) has been relatively less volatile when compared to other cryptocurrencies. So far Wednesday, the Stablecoins has gained 0.03% to $1.01.
The Volatility Gauge analyzes this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
LUSD’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.
Liquity USD price is trading near resistance. With support around $1.01 and resistance near $1.01. This leaves Liquity USD with potential selling pressures ahead as it may be getting over extended.