Binance USD (BUSD) Rises 0.08%, Underperforms the Crypto Market Wednesday

Binance USD (BUSD) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the Stablecoins has increased 0.08% to $1.

InvestorsObserver is giving Binance USD a 1 Volatility Rank. Find out what this means to you and get the rest of the rankings on Binance USD!

Low Volatility

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

The Volatility Gauge tracks which means that one day won’t define its volatility rank – a trend will.

BUSD’s low volatility reading is coupled 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.

Binance USD price With support around $0.998387096565373 and resistance set at $1. This positions Binance USD

What is a Token?

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

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