Wondering About USD Coin’s Latest Daily Large Transaction Count? Read to Find Out –

The Hourly View for USD Coin

• Currently, USDC’s price is down $0 (-0.01%) from the hour prior.
• This is a reversal of the price action on the previous hour, in which price moved up.
• If you’re a trader with a preference for rangebound markets, you may wish to note that there isn’t a clear trend on the 20, 50 and 100 hour timeframes.
• Most noteworthy in the world of moving averages on the hourly chart is that the 100 hour moving average has been crossed, with price now being below it. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

USD Coin’s hourly price chart is shown below.

The Daily View for USD Coin

• At the moment, USDC’s price is down $0 (-0.01%) from the day prior.
• USD Coin has seen its price go down 8 out of the past 10 days, thus creating some compelling opportunities for bears.
• From a daily perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 day timeframes.
• Regarding moving averages, it should first be noted that price has crossed the 100 and 20 day moving averages, resulting in them with price now being below them. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Below is a daily price chart of USD Coin.

The Latest From USDC’s Blockchain

• Over the past 29 weeks, the trend for USDC’s number of daily new addresses has been choppy and unclear. It has oscillated between 5184 and 21311.
• USDC’s number of daily new addresses now stands at 10054.
• USDC has a count of active addresses of 44421, up 0.05% from its value day prior.