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

Tuesday, July 12, 2022 08:43 AM | InvestorsObserver Analysts
Origin Dollar (OUSD), Low Volatility but Rising Tuesday: Is it Time to Cash Out?

Origin Dollar (OUSD) has been relatively less volatile when compared to other cryptocurrencies. So far Tuesday, the Stablecoins has gained 0.1% to $0.9955287321.

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

Low Volatility

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

The Volatility Gauge takes into account meaning that one day won't make or break its rank. 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 near resistance. With support around $0.99241717882895 and resistance set at $0.995924435336824. This positions Origin Dollar 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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