sUSD (SUSD) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the Stablecoins has dropped 0.51% to $0.9923979252.
Low Volatility
InvestorsObserver gives sUSD a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.
The Volatility Gauge analyzes meaning that one day won’t make or break its rank.
SUSD’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.
sUSD price is in a favorable position going forward. With support at $0.985871985407981 and resistance at $0.996200218650015. This leaves sUSD 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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