Binance USD (BUSD) Falls 0%, Underperforms the Crypto Market Monday

Binance USD (BUSD) Falls 0%, Underperforms the Crypto Market Monday

Binance USD (BUSD) has been relatively less volatile compared to the crypto market. So far Monday, the Stablecoins has declined 0.04% to $1.

volatility - 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 meaning that one day won’t make or break its rank.

BUSD’s low volatility reading comes 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 is trading near resistance. With support at $0.998776904617995 and resistance set at $1. This leaves Binance USD with potential selling pressures ahead as it may be getting over extended.

What is a Token?

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

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