Binance USD (BUSD) Up 0.08% Sunday: What's Next?

Sunday, August 28, 2022 02:02 PM | InvestorsObserver Analysts

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 gained 0.08% to $1.

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 which means that one day won't define its volatility rank - a trend will. BUSD's low volatility reading pairs 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 With support around $0.998920121035384 and resistance around $1. This positions Binance USD

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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