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Pax Dollar (USDP) Receives a Bearish Rating Thursday: Is it Time to Jump Ship?

Thursday, June 30, 2022 04:00 PM | InvestorsObserver Analysts
Pax Dollar (USDP) Receives a Bearish Rating Thursday: Is it Time to Jump Ship?

Pax Dollar (USDP) gets a bearish rating from InvestorsObserver Thursday. The crypto is down 0.16% to $0.9974878566 while the broader crypto market is down 5.03%.

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

Bearish

Over the last five days, Pax Dollar has earned a Bearish 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 midpoint for the past five-days. The crypto is 0.73% off its five-day high and is 0.39% higher than its five-day low of $0.993620574474335.

Pax Dollar price is comfortably positioned between support and resistance. With support set around $0.995622670461813 and resistance at $1, has some room to run before facing resistance.

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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