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Pax Dollar (USDP) has a Neutral Sentiment Score, is Falling, and Underperforming the Crypto Market Sunday: What's Next?

Sunday, February 05, 2023 01:48 PM | InvestorsObserver Analysts
Pax Dollar (USDP) has a Neutral Sentiment Score, is Falling, and Underperforming the Crypto Market Sunday: What's Next?

Pax Dollar (USDP) gets a neutral rating from InvestorsObserver Sunday. The Stablecoins asset is down 0.53% to $0.9989335453 while the broader crypto market is down 2.61%.

Sentiment Score - ,
Pax Dollar has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Pax Dollar!

Neutral

Over the last five days, Pax Dollar has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Pax Dollar 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

Pax Dollar is currently trading near its five-day low of $0.997503757476807. The Stablecoins asset is 1.02% off its five-day high and is 0.14% higher than its five-day low of $0.997503757476807.

Pax Dollar price is currently below support. With support set around $1 and resistance at $1.01, Pax Dollar is potentially in volatile territory as selling pushes the crypto's price below recent support.

Pax Dollar 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 Pax Dollar

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