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Venus BUSD (vBUSD) Down 0% Sunday: What's Next?

Sunday, December 03, 2023 10:13 AM | InvestorsObserver Analysts
Venus BUSD (vBUSD) Down 0% Sunday: What's Next?

Venus BUSD (vBUSD) has been relatively less volatile compared to the crypto market. So far Sunday, the Stablecoins has dropped 0.04% to $0.02230061003.

volatility - 5
InvestorsObserver is giving Venus BUSD a 5 Volatility Rank. Find out what this means to you and get the rest of the rankings on Venus BUSD!

Low Volatility

InvestorsObserver gives Venus BUSD a low volatility rank of 5, placing it in the bottom 5% of cryptos on the market.

The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. vBUSD's low volatility reading pairs 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.

Venus BUSD price is in a favorable position going forward. With support around $0.0222850569085708 and resistance at $0.0223066375152698. This positions Venus BUSD 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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