Venus BUSD (vBUSD) Falls 0%, Outperforms the Crypto Market Wednesday

Wednesday, March 27, 2024 11:40 AM | InvestorsObserver Analysts

Venus BUSD (vBUSD) has been relatively less volatile compared to the crypto market. So far Wednesday, the Stablecoins has dropped 0.05% to $0.02230539047.

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

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Low Volatility

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

The Volatility Gauge tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. vBUSD'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.

Venus BUSD price is in a favorable position going forward. With support around $0.0222934978212936 and resistance at $0.0223158029969556. This positions Venus BUSD with room to run before facing selling pressures.