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HUSD (HUSD), Low Volatility but Rising Friday: Is it Time to Cash Out?

Friday, May 06, 2022 06:51 PM | InvestorsObserver Analysts
HUSD (HUSD), Low Volatility but Rising Friday: Is it Time to Cash Out?

HUSD (HUSD) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the Stablecoins has added 0.18% to $1.

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

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 follows which means that one day won't define its volatility rank - a trend will. HUSD'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.

HUSD price is trading near resistance. With support set at $0.991298686333931 and resistance at $1. This positions HUSD 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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