Binance USD (BUSD) gets a bearish rating from InvestorsObserver Sunday. The token is down 0.17% to $0.9986335256 while the broader crypto market is up 0.2%.
Binance USD has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on Binance USD!
Bearish
Over the last five days, Binance USD has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Binance USD 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
Binance USD is currently trading near its five-day low of $0.99799507856369. The token is 0.38% off its five-day high and is 0.06% higher than its five-day low of $0.99799507856369.Binance USD price is trading near support. With support set around $0.998373892499975 and resistance at $1, has plenty of space before hitting resistance.
Binance USD 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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