📈 Daily Support & Resistance

Support floor: around $0.998 – $0.99

Resistance ceiling: near $1.00 – $1.006

Overall, daily moves seldom deviate beyond a few cents from parity.

🖼️ Visual Price Snapshot

This screenshot from the Binance price page shows the typical pattern: a stable BUSD/USD line hovering just under $1.

🧠 Context & Notes

BUSD is a stablecoin designed to be pegged 1 : 1 with USD, so significant price movement is rare.

The small drift below $1 likely reflects normal market liquidity and demand dynamics.

BUSD’s issuance partnership difficulties with Paxos were resolved through redemption service continuity, though issuance has ceased since early 2023

CoinLaw

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Market commentary confirms ongoing adherence to the peg, indicating strong backing even amid minor volatility#BusD usd$XRP