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Venus USDT (vUSDT) Falls 0%, Underperforms the Crypto Market Sunday

Sunday, March 31, 2024 06:23 AM | InvestorsObserver Analysts
Venus USDT (vUSDT) Falls 0%, Underperforms the Crypto Market Sunday

Venus USDT (vUSDT) has been relatively less volatile compared to the crypto market. So far Sunday, the Stablecoins has fallen 0.03% to $0.02357597265.

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

Low Volatility

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

The Volatility Gauge tracks meaning that one day won't make or break its rank. vUSDT's low volatility reading is paired 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 USDT price is favorably positioned going forward. With support near $0.0235652481531039 and resistance near $0.0235818890248671. This leaves Venus USDT 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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