mStable USD (MUSD) Falls 0.02%, Outperforms the Crypto Market Saturday

Saturday, July 23, 2022 11:31 AM | InvestorsObserver Analysts

mStable USD (MUSD) has been relatively less volatile when compared to other cryptocurrencies. So far Saturday, the Stablecoins has declined 1.84% to $0.9811.

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

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Low Volatility

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

The Volatility Gauge analyzes meaning that one day won't make or break its rank. MUSD'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.

mStable USD price is trading above resistance. With support around $0.968915952940704 and resistance at $0.978915943403961. This positions mStable USD out of range and potentially in a volatile position if the rally burns out.