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Neutrino USD (USDN) Falls 0%, Outperforms the Crypto Market Friday

Friday, January 14, 2022 07:34 AM | InvestorsObserver Analysts
Neutrino USD (USDN) Falls 0%, Outperforms the Crypto Market Friday

Neutrino USD (USDN) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the Stablecoins has fallen 0.1% to $0.9874415304.

volatility - 1
InvestorsObserver is giving Neutrino USD a 1 Volatility Rank. Find out what this means to you and get the rest of the rankings on Neutrino USD!

Low Volatility

InvestorsObserver gives Neutrino USD a low volatility rank of 1, placing it in the bottom 1% of cryptos on the market.

The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. USDN'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.

Neutrino USD price is in a good position going forward. With support set at $0.98310132314543 and resistance at $0.990607693689864. This leaves Neutrino 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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