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What's Next for Bullish Rated PayPal USD (PYUSD)?

Friday, December 01, 2023 08:18 AM | InvestorsObserver Analysts
What's Next for Bullish Rated PayPal USD (PYUSD)?

PayPal USD (PYUSD) gets a bullish rating from InvestorsObserver Friday. The Stablecoins asset is up 0.09% to $0.9993411083 while the broader crypto market is up 1.57%.

Sentiment Score - ,
PayPal USD has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PayPal USD!

Bullish

Over the last five days, PayPal USD has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of PayPal USD 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

PayPal USD is currently trading near its five-day high of $1.0012321472168. The Stablecoins asset is 0.19% off its five-day high and is 0.94% higher than its five-day low of $0.990050673484802.

PayPal USD price is trading near resistance. With support set around $0.99729289507731 and resistance at $0.999785740135751, could face selling pressures soon.

PayPal USD 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 PayPal USD

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