USDK (USDK) gets a bullish rating from InvestorsObserver Wednesday. The Stablecoins asset is up 1.18% to $1.01 while the broader crypto market is down 1.5%.
USDK has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on USDK!
Bullish
Over the last five days, USDK has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of USDK 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
USDK is currently trading near its five-day high of $1.01127672195435. The Stablecoins asset is 0.13% off its five-day high and is 2.64% higher than its five-day low of $0.984069155076844.USDK price is currently above resistance. With support set around $0.991026324386652 and resistance at $1, USDK is potentially in a volatile position if the rally burns out.
USDK 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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