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sUSD (SUSD) Falls 0.01%, Underperforms the Crypto Market Friday

Friday, April 29, 2022 06:55 PM | InvestorsObserver Analysts
sUSD (SUSD) Falls 0.01%, Underperforms the Crypto Market Friday

sUSD (SUSD) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the Stablecoins has dropped 0.51% to $0.9923979252.

volatility - 2
InvestorsObserver is giving sUSD a 2 Volatility Rank. Find out what this means to you and get the rest of the rankings on sUSD!

Low Volatility

InvestorsObserver gives sUSD a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.

The Volatility Gauge analyzes meaning that one day won't make or break its rank. SUSD's low volatility reading is paired 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.

sUSD price is in a favorable position going forward. With support at $0.985871985407981 and resistance at $0.996200218650015. This leaves sUSD 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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