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!
Low VolatilityInvestorsObserver gives Binance USD a low volatility rank of 1, placing it in the bottom 1% of cryptos on the market.
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.