Tether (USDT) gets a bullish rating from InvestorsObserver Thursday. The crypto is up 0.03% to $0.9993403687 while the broader crypto market is down 0.1%.
BullishOver the last five days, Tether has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Tether 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 LevelsTether is currently trading near its five-day high of $0.99950236082077. The crypto is 0.02% off its five-day high and is 0.06% higher than its five-day low of $0.998779058456421.
Tether price is trading near resistance. With support set around $0.998791422043843 and resistance at $0.999425019417805, could face selling pressures soon.
Tether 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.
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