USD Coin (USDC) gets a neutral rating from InvestorsObserver Sunday. The Stablecoins asset is down 0.2% to $0.9980935757 while the broader crypto market is up 0.02%.
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 is currently trading near its five-day low of $0.998009562492371. The Stablecoins asset is 0.39% off its five-day high and is 0.01% higher than its five-day low of $0.998009562492371.
USD Coin price is trading near support. With support set around $0.998050874977686 and resistance at $1, has plenty of space before hitting 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.
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.
