What do the Long-Term Technicals Predict for TerraUSD (UST) Friday?

Friday, January 14, 2022 10:30 AM | InvestorsObserver Analysts

TerraUSD receives a weak long-term technical score of 29 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin'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, UST holds a superior long-term technical analysis score than 29% 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 coins that have bottomed out.

InvestorsObserver is giving TerraUSD a 29 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on TerraUSD!

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Trading Analysis

UST is currently $0.0000000 (-0.26%) below its 100-day moving average price of $1.000000000 with its current price of $1.000000000. Meanwhile, TerraUSD is $0.0800000 (-1088.73%) above its 52-week low price of $0.920000000 and -$0.05000000 (-859.82%) below its 52-week high of $1.050000000. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 29. Trends for the long-term trading history of TerraUSD suggest that traders are currently bearish on the coin. TerraUSD has a market capitalization of $10,615,755,667.27 and a relatively high average daily volume with $1,478,435,784.99 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, UST's volume is below its seven day average with 211,577,724.90 exchanged.

Summary

Trading patterns over the last year for TerraUSD leads to the coin's a weak long-term technical score of 29 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the coin. Click Here to get the full Report on TerraUSD (UST).