USDK (USDK) gets a bearish rating from InvestorsObserver Friday. The Stablecoins asset is down 0.46% to $0.9937119755 while the broader crypto market is down 2.22%.
USDK has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on USDK!
Bearish
Over the last five days, USDK has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of USDK 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
USDK is currently trading near its five-day low of $0.990696728229523. The Stablecoins asset is 2.37% off its five-day high and is 0.30% higher than its five-day low of $0.990696728229523.USDK price is currently below support. With support set around $0.994428773695621 and resistance at $1, USDK is potentially in volatile territory as selling pushes the crypto's price below recent support.
USDK 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.
Click here to unlock the rest of the report on USDK
