TrueUSD (TUSD): How Does it Rank Tuesday on Long-Term Trading Metrics?

Tuesday, August 02, 2022 10:19 AM | InvestorsObserver Analysts

TrueUSD receives a strong long-term technical score of 88 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, TUSD holds a superior long-term technical analysis score than 88% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover tokens that have bottomed out.

InvestorsObserver is giving TrueUSD a 88 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on TrueUSD!

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Trading Analysis

TUSD is currently $0.0000000 (-0.01%) below its 100-day moving average price of $1.000000000 with its current price of $1.000000000. Meanwhile, TrueUSD is $0.0100000 (-1006.06%) above its 52-week low price of $0.990000000 and -$0.07000000 (-838.18%) below its 52-week high of $1.070000000. The current price relative to its moving average and 52-week high and low leads to a strong long-term technical score of 88. Trends for the long-term trading history of TrueUSD suggest that traders are currently neutral on the token. TrueUSD has a market capitalization of $1,190,649,042.95 and a relatively high average daily volume with $2,969,606,916.74 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, TUSD's volume is below its seven day average with 1,080,373,925.65 exchanged. 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 TrueUSD leads to the token's a strong long-term technical score of 88 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 TrueUSD (TUSD).