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Liquity USD (LUSD) Rises 0.18%, Underperforms the Crypto Market Sunday

Sunday, December 03, 2023 09:20 AM | InvestorsObserver Analysts
Liquity USD (LUSD) Rises 0.18%, Underperforms the Crypto Market Sunday

Liquity USD (LUSD) has been relatively less volatile when compared to other cryptocurrencies. So far Sunday, the Stablecoins has added 0.18% to $0.9959264703.

volatility - 4
InvestorsObserver is giving Liquity USD a 4 Volatility Rank. Find out what this means to you and get the rest of the rankings on Liquity USD!

Low Volatility

InvestorsObserver gives Liquity USD a low volatility rank of 4, placing it in the bottom 4% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. LUSD'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.

Liquity USD price is trading above resistance. With support at $0.993137005171413 and resistance around $0.995644691786403. This positions Liquity USD out of range and potentially in a volatile position if the rally burns out.

What is a Token?

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

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