Venus USDC (vUSDC) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has declined 0.05% to $0.02120002135.
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 analyzes which means that one day won’t define its volatility rank – a trend will.
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 in a favorable position going forward. With support around $0.0211516709429404 and resistance set at $0.0212329567772528. 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.
