HUSD (HUSD) Falls 0%, Underperforms the Crypto Market Monday

Monday, June 06, 2022 03:34 PM | InvestorsObserver Analysts

HUSD (HUSD) has been relatively less volatile compared to the crypto market. So far Monday, the Stablecoins has declined 0.17% to $0.9994466886.

InvestorsObserver is giving HUSD a 2 Volatility Rank. Find out what this means to you and get the rest of the rankings on HUSD!

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Low Volatility

InvestorsObserver gives HUSD a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. HUSD's low volatility reading comes 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.

HUSD price is favorably positioned going forward. With support set at $0.993730579461127 and resistance set at $1. This positions HUSD with room to run before facing selling pressures.