USD Coin (USDC) gets a neutral rating from InvestorsObserver Sunday. The crypto is up 0.02% to $0.999204204 while the broader crypto market is up 6.58%.
Neutral
Over the last five days, USD Coin has earned a Neutral 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 price is comfortably positioned between support and resistance. With support set around $0.997367811175751 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.
USD Coin 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.
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