USD Coin (USDC) gets a bearish rating from InvestorsObserver Saturday. The crypto is up 0% to $0.9999303651 while the broader crypto market is up 3.72%.
USD Coin has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on USD Coin!
Bearish
Over the last five days, USD Coin has earned a Bearish 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 Levels
USD Coin is currently trading near its midpoint for the past five-days. The crypto is 0.08% off its five-day high and is 0.07% higher than its five-day low of $0.999209642410278.USD Coin price is well positioned between support and resistance. With support set around $0.999230000790602 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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