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 increased 0.07% to $0.9995296487.
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 analyzes 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 in a favorable position going forward. With support at $0.997729162305461 and resistance set at $1. This positions Binance USD with room to run before facing selling pressures.