Gemini Dollar (GUSD): How Does it Rank Monday on Long-Term Trading Metrics?

Monday, January 29, 2024 09:23 AM | InvestorsObserver Analysts

Gemini Dollar receives a strong long-term technical score of 74 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, GUSD holds a superior long-term technical analysis score than 74% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover tokens that have bottomed out.

InvestorsObserver is giving Gemini Dollar a 74 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Gemini Dollar!

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Trading Analysis

Gemini Dollar's price is $0.0000000 (0.20%) above its 100-day moving average price of $1.000000000 as its price at the moment sits at $1.000000000. Additionally, GUSD is $0.0400000 (-1037.65%) higher than its 52-week low price of $0.960000000 while -$0.02000000 (-881.49%) under its 52-week high of $1.020000000. The current trading price in relation to its long-term average along with its 52-week high and low, gives GUSD a strong long-term technical score of 74. Long-term trading movement of Gemini Dollar suggest that investors are neutral on the token at the moment. Gemini Dollar currently has a total market cap of $148,364,557.96 to go along with its average daily volume of $1,632,924.44 worth of the currency over the past seven days. GUSD's volume is below its seven day average as of the past 24 hours, with 296,741.32 exchanged in that period. This token's subclass Stablecoins: Stablecoins are cryptocurrencies whose value is designed to track the performance of fiat money (such as the U.S. Dollar or Euro).

Summary

GUSD's historical trading over the past year gives it a a strong long-term technical score of 74 as its price movement in that time has given investors reason to be neutral on the token in the long-term. Click Here to get the full Report on Gemini Dollar (GUSD).