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Liquity USD (LUSD): How Does the Chart Look Friday?

Friday, December 09, 2022 04:50 PM | InvestorsObserver Analysts
Liquity USD (LUSD): How Does the Chart Look Friday?

InvestorsObserver gives Liquity USD a weak long-term technical score of 19 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the token's support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it's a strong buy-and-hold investment opportunity currently for traders. LUSD at this time has a superior long-term technical analysis score than 19% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover tokens that have bottomed out.

Long-Term Technical - 19
InvestorsObserver is giving Liquity USD a 19 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Liquity USD!

Trading Analysis

Liquity USD's price is $0.0000000 (0.25%) above its 100-day moving average price of $1.030000000 as its price at the moment sits at $1.030000000. Additionally, LUSD is $0.0600000 (-1020.97%) higher than its 52-week low price of $0.980000000 while -$0.17000000 (-742.61%) under its 52-week high of $1.210000000. The current trading price in relation to its long-term average along with its 52-week high and low, gives LUSD an average long-term technical score of 19. Long-term trading movement of Liquity USD suggest that investors are bearish on the token at the moment. Liquity USD has a total market value of $186,568,252.32 with an average average daily volume of $11,894,861.11 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, LUSD's volume is below its average with $1,696,968.33 exchanged in total. 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

Trading patterns over the last year for Liquity USD leads to the token's a weak long-term technical score of 19 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the token. Click Here to get the full Report on Liquity USD (LUSD).

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