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

Wednesday, May 18, 2022 09:40 AM | InvestorsObserver Analysts
TrueUSD (TUSD): How Does it Rank Wednesday on Long-Term Trading Metrics?

TrueUSD receives a strong long-term technical score of 91 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 91% 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.

Long-Term Technical - 91
InvestorsObserver is giving TrueUSD a 91 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on TrueUSD!

Trading Analysis

TUSD is currently $0.0000000 (0.09%) above its 100-day moving average price of $1.000000000 with its current price of $1.000000000. Meanwhile, TrueUSD is $0.0100000 (-1006.01%) above its 52-week low price of $0.990000000 and -$0.07000000 (-838.13%) 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 91. Trends for the long-term trading history of TrueUSD suggest that traders are currently neutral on the token. TrueUSD has a total market value of $1,226,009,117.89 with an high average daily volume of $1,482,666,566.89 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 $135,770,138.19 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

TUSD's historical trading over the past year gives it a a strong long-term technical score of 91 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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