×
News Home

Venus USDC (vUSDC), Low Volatility but Rising Friday: Is it Time to Cash Out?

Friday, January 14, 2022 06:52 AM | InvestorsObserver Analysts
Venus USDC (vUSDC), Low Volatility but Rising Friday: Is it Time to Cash Out?

Venus USDC (vUSDC) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the crypto has gained 0.03% to $0.02127744021.

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

Low Volatility

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

The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. vUSDC'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 USDC price is favorably positioned going forward. With support at $0.0212550117135872 and resistance near $0.0212962562651266. This leaves Venus USDC with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App