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Fei USD (FEI) Rises 0.58%, Underperforms the Crypto Market Sunday

Sunday, May 15, 2022 11:59 AM | InvestorsObserver Analysts
Fei USD (FEI) Rises 0.58%, Underperforms the Crypto Market Sunday

Fei USD (FEI) has been relatively less volatile compared to the crypto market. So far Sunday, the Stablecoins has added 0.58% to $0.9878261403.

volatility - 2
InvestorsObserver is giving Fei USD a 2 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 2, placing it in the bottom 2% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. FEI'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.

Fei USD price is in a good position going forward. With support around $0.975015882063639 and resistance at $0.993116143751871. This leaves Fei USD with room to run before facing selling pressures.

What is a Token?

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

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