Binance USD (BUSD) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Sunday, the Stablecoins has declined 0.2% to $0.9988269266.
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!
Low Volatility
InvestorsObserver gives Binance USD a low volatility rank of 1, placing it in the bottom 1% of cryptos on the market.The Volatility Gauge tracks meaning that one day won't make or break its rank. BUSD'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.
Binance USD price is trading near resistance. With support set at $0.99590809822541 and resistance at $0.999656515126045. This positions Binance USD with potential selling pressures ahead as it may be getting over extended.