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Stably USD (USDS) Rises 3.49%, Outperforms the Crypto Market Tuesday

Tuesday, December 28, 2021 12:25 PM | InvestorsObserver Analysts
Stably USD (USDS) Rises 3.49%, Outperforms the Crypto Market Tuesday

Stably USD (USDS) has been relatively less volatile when compared to other cryptocurrencies. So far Tuesday, the Stablecoins has added 3.49% to $1.04.

volatility - 11
InvestorsObserver is giving Stably USD a 11 Volatility Rank. Find out what this means to you and get the rest of the rankings on Stably USD!

Low Volatility

InvestorsObserver gives Stably USD a low volatility rank of 11, placing it in the bottom 11% of cryptos on the market.

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

Stably USD price is trading near resistance. With support near $0.97013446998415 and resistance set at $1.05. This positions Stably USD 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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