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PayPal USD (PYUSD) has a Bearish Sentiment Score, is Rising, and Underperforming the Crypto Market Thursday: What's Next?

Thursday, November 09, 2023 10:32 AM | InvestorsObserver Analysts
PayPal USD (PYUSD) has a Bearish Sentiment Score, is Rising, and Underperforming the Crypto Market Thursday: What's Next?

PayPal USD (PYUSD) gets a bearish rating from InvestorsObserver Thursday. The crypto is up 0% to $0.9987666563 while the broader crypto market is up 5.48%.

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

Bearish

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

PayPal USD is currently trading near its midpoint for the past five-days. The crypto is 0.30% off its five-day high and is 0.23% higher than its five-day low of $0.996444284915924.

PayPal USD price is comfortably positioned between support and resistance. With support set around $0.997737733221319 and resistance at $1, has some room to run before facing resistance.

PayPal 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 PayPal USD

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