Ethena USDe (USDe) gets a bearish rating from InvestorsObserver Friday. The token is up 0.08% to $1 while the broader crypto market is down 0.28%.
Ethena USDe has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on Ethena USDe!
Bearish
Over the last five days, Ethena USDe has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Ethena USDe over the past five days by volume and price movement.The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.
Price Levels
Ethena USDe is currently trading near its five-day low of $0.999621868133545. The token is 0.54% off its five-day high and is 0.04% higher than its five-day low of $0.999621868133545.Ethena USDe price is comfortably positioned between support and resistance. With support set around $0.999153496928814 and resistance at $1, has some room to run before facing resistance.
Ethena USDe has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.
What is a token?
Tokens are digital assets that exist on another cryptocurrency's blockchain.Due to a lack of data, this crypto may be less suitable for some investors.
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