TrueUSD (TUSD) Falls 0%, Outperforms the Crypto Market Friday

Friday, August 26, 2022 07:12 AM | InvestorsObserver Analysts

TrueUSD (TUSD) has been relatively less volatile when compared to other cryptocurrencies. So far Friday, the Stablecoins has declined 0.01% to $0.9998776978.

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

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Low Volatility

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

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

TrueUSD price is in a good position going forward. With support set at $0.999202877697658 and resistance around $1. This leaves TrueUSD with room to run before facing selling pressures.