Origin Dollar (OUSD), Low Volatility but Rising Sunday: Is it Time to Cash Out?

Sunday, February 05, 2023 05:31 PM | InvestorsObserver Analysts

Origin Dollar (OUSD) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Sunday, the Stablecoins has gained 0.14% to $1.

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

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Low Volatility

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

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. OUSD'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.

Origin Dollar price is trading above resistance. With support around $0.997432062426052 and resistance set at $0.999928424158535. This leaves Origin Dollar out of range and potentially in a volatile position if the rally burns out.