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Bearish-Rated USD Coin (USDC) Falls Thursday to $0.9999394736

Thursday, June 30, 2022 08:39 AM | InvestorsObserver Analysts
Bearish-Rated USD Coin (USDC) Falls Thursday to $0.9999394736

USD Coin (USDC) gets a bearish rating from InvestorsObserver Thursday. The Stablecoins asset is down 0.02% to $0.9999394736 while the broader crypto market is down 3.82%.

Sentiment Score - ,
USD Coin has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on USD Coin!

Bearish

Over the last five days, USD Coin has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of USD Coin 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

USD Coin is currently trading near its midpoint for the past five-days. The Stablecoins asset is 0.08% off its five-day high and is 0.03% higher than its five-day low of $0.999661803245544.

USD Coin price is trading near support. With support set around $0.999773713950354 and resistance at $1, has plenty of space before hitting resistance.

USD Coin 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.

Click here to unlock the rest of the report on USD Coin

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