Binance USD (BUSD) has been relatively less volatile compared to the crypto market. So far Tuesday, the Stablecoins has increased 0.17% 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 analyzes this makes its score defined by recent trends, rather than a bad day. 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 is trading near resistance. With support set at $0.99715141998401 and resistance set at $1. This positions Binance USD with potential selling pressures ahead as it may be getting over extended.