Binance USD (BUSD) gets a bearish rating from InvestorsObserver Thursday. The crypto is up 0.12% to $1 while the broader crypto market is down 4.23%.
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 midpoint for the past five-days. The crypto is 0.23% off its five-day high and is 0.20% higher than its five-day low of $0.998012840747833.Binance USD price is trading near resistance. With support set around $0.997537142671244 and resistance at $1, could face selling pressures soon.
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.
Click here to unlock the rest of the report on Binance USD
