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Should You Sell Liquity USD (LUSD) Friday?

Friday, December 01, 2023 07:41 AM | InvestorsObserver Analysts
Should You Sell Liquity USD (LUSD) Friday?

InvestorsObserver gives Liquity USD an average long-term technical score of 66 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 66% 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 - 66
InvestorsObserver is giving Liquity USD a 66 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Liquity USD!

Trading Analysis

The current trading price of $1.000000000 for LUSD is $0.0000000 (-0.05%) below the tokens 100-day moving average of $1.000000000. LUSD meanwhile is $0.0700000 (-1086.70%) above its 52-week low of $0.920000000 and -$0.06000000 (-850.21%) under its 52-week high price of $1.060000000. Liquity USD's current price relative to the tokens long-term average and 52-week high and low, gives the crypto an average long-term technical score of 66. The price movement and range of LUSD suggest that investors are neutral on the token at this time. Liquity USD has a total market value of $196,908,237.64 with an average average daily volume of $34,115,476.90 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 $4,671,591.52 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 an average long-term technical score of 66 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token. Click Here to get the full Report on Liquity USD (LUSD).

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