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Fei USD (FEI) Down 0.01% Friday: What's Next?

Friday, August 12, 2022 07:07 AM | InvestorsObserver Analysts
Fei USD (FEI) Down 0.01% Friday: What's Next?

Fei USD (FEI) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the Stablecoins has dropped 0.63% to $0.9883907588.

volatility - 3
InvestorsObserver is giving Fei USD a 3 Volatility Rank. Find out what this means to you and get the rest of the rankings on Fei USD!

Low Volatility

InvestorsObserver gives Fei USD a low volatility rank of 3, placing it in the bottom 3% of cryptos on the market.

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. FEI'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.

Fei USD price is trading near resistance. With support at $0.980839804195052 and resistance near $0.989787474654799. This leaves Fei USD with potential selling pressures ahead as it may be getting over extended.

What is a Token?

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

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