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

Sunday, January 23, 2022 07:57 AM | InvestorsObserver Analysts
sUSD (SUSD) Falls 0.01%, Underperforms the Crypto Market Sunday

sUSD (SUSD) has been relatively less volatile compared to the crypto market. So far Sunday, the Stablecoins has fallen 0.74% to $1.

volatility - 1
InvestorsObserver is giving sUSD a 1 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 1, placing it in the bottom 1% of cryptos on the market.

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

sUSD price is trading near resistance. With support at $0.98889325353929 and resistance at $1. This positions sUSD 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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