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TrueUSD (TUSD): Does it Score Well on Long-Term Trading Metrics Sunday?

Sunday, May 08, 2022 09:10 AM | InvestorsObserver Analysts
TrueUSD (TUSD): Does it Score Well on Long-Term Trading Metrics Sunday?

TrueUSD receives a strong long-term technical score of 82 from InvestorsObserver's research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token's support and resistance levels, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. TUSD currently holds a superior long-term technical analysis score than 82% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to 'buy the dip'.

Long-Term Technical - 82
InvestorsObserver is giving TrueUSD a 82 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on TrueUSD!

Trading Analysis

TrueUSD's price is $0.0000000 (0.02%) above its 100-day moving average price of $1.000000000 as its price at the moment sits at $1.000000000. Additionally, TUSD is $0.0100000 (-1006.09%) higher than its 52-week low price of $0.990000000 while -$0.07000000 (-838.20%) under its 52-week high of $1.070000000. The current trading price in relation to its long-term average along with its 52-week high and low, gives TUSD a strong long-term technical score of 82. Long-term trading movement of TrueUSD suggest that investors are neutral on the token at the moment. TrueUSD has a total market value of $1,293,255,951.56 with an high average daily volume of $919,466,670.86 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, TUSD's volume is below its average with $166,885,225.71 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).


TUSD's historical trading over the past year gives it a a strong long-term technical score of 82 as its price movement in that time has given investors reason to be neutral on the token in the long-term. Click Here to get the full Report on TrueUSD (TUSD).

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