USD Liquidity (LUSD) has been relatively less volatile than the crypto market according to recent market analysis. So far on Wednesday, the stablecoins are down 0.59% at $0.9937673748.
low volatility
InvestorsObserver gives Liquity USD a low volatility range of 3, putting it in the bottom 3% of cryptocurrencies on the market.
The volatility indicator looks at what it means that a day will not define your volatility range, it will be a trend. The low volatility reading for LUSD is combined with a low reading on the risk/reward indicator, which means that the token has relatively narrow price fluctuations and is well protected against price manipulation.
The price of Liquidity USD is in a favorable position going forward. With support around $0.988372573769862 and resistance around $0.998056182778651. This leaves liquidity USD with room to run before facing selling pressures.
What is a token?
Tokens are digital assets that exist on the blockchain of another cryptocurrency.
