USD Coin (USDC) gets a bullish rating from InvestorsObserver Wednesday. The token is down 0.01% to $1 while the broader crypto market is up 0.76%.
BullishOver the last five days, USD Coin has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of USD Coin 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 LevelsUSD Coin is currently trading near its midpoint for the past five-days. The token is 0.05% off its five-day high and is 0.05% higher than its five-day low of $0.999478220939636.
USD Coin price is favorably positioned between support and resistance. With support set around $0.999720501072057 and resistance at $1, has some room to run before facing resistance.
USD Coin 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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