Liquity USD (LUSD) has been relatively less volatile when compared to other cryptocurrencies. So far Saturday, the Stablecoins has fallen 0.13% to $0.9967698306.
Low Volatility
InvestorsObserver gives Liquity USD 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.
LUSD’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.
Liquity USD price is trading near resistance. With support near $0.99444717350013 and resistance set at $0.997296871566842. This positions Liquity 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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