TerraUSD (UST) Down 0% Saturday: What's Next?

Saturday, December 04, 2021 09:50 AM | InvestorsObserver Analysts

TerraUSD (UST) has been relatively less volatile when compared to other cryptocurrencies. So far Saturday, the crypto has lost 0.18% to $0.999740286, hitting a five-day high.

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

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Low Volatility

InvestorsObserver gives TerraUSD a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market. The Volatility Gauge tracks the previous 60 days, meaning that one day won't make or break the score. UST's low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation. TerraUSD price is favorably positioned going forward. With support around $0.99521850837757 and resistance set at $1. This leaves TerraUSD with room to run before facing selling pressures.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.