Venus USDT (vUSDT) Receives a Neutral Rating Friday: Is it Time to Jump Ship?

Friday, December 03, 2021 07:23 AM | InvestorsObserver Analysts

Venus USDT (vUSDT) gets a neutral rating from InvestorsObserver Friday. The crypto is down 0.02% to $0.0214216299 while the broader crypto market is up 1.99%.

Venus USDT has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Venus USDT!

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Neutral

Over the last five days, Venus USDT has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Venus USDT 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

Venus USDT price is comfortably positioned between support and resistance. With support set around $0.0213773313434754 and resistance at $0.0214590958775912, has some room to run before facing resistance. Venus USDT has maintained a low reading on the InvestorsObserver Volatility Rank as it has faced low volatility relative to the crypto market during the past 60 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 Venus USDT