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First Digital USD (FDUSD) Receives a Bearish Rating Tuesday: Is it Time to Jump Ship?

Tuesday, February 27, 2024 09:54 AM | InvestorsObserver Analysts
First Digital USD (FDUSD) Receives a Bearish Rating Tuesday: Is it Time to Jump Ship?

First Digital USD (FDUSD) gets a bearish rating from InvestorsObserver Tuesday. The Stablecoins asset is down 0.12% to $0.9988623559 while the broader crypto market is up 7.75%.

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

Bearish

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

First Digital USD is currently trading near its five-day low of $0.997601509094238. The Stablecoins asset is 0.58% off its five-day high and is 0.13% higher than its five-day low of $0.997601509094238.

First Digital USD price is trading near support. With support set around $0.998594224296713 and resistance at $1, has plenty of space before hitting resistance.

First Digital 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 First Digital USD

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