Celo Dollar (CUSD) has been relatively less volatile compared to the crypto market. So far Sunday, the Stablecoins has dropped 0.31% to $0.9999089339.
InvestorsObserver is giving Celo Dollar a 1 Volatility Rank. Find out what this means to you and get the rest of the rankings on Celo Dollar!
Low Volatility
InvestorsObserver gives Celo Dollar a low volatility rank of 1, placing it in the bottom 1% of cryptos on the market.The Volatility Gauge analyzes meaning that one day won't make or break its rank. CUSD's low volatility reading is paired 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.
Celo Dollar price is favorably positioned going forward. With support around $0.992029636963658 and resistance set at $1. This positions Celo Dollar with room to run before facing selling pressures.