What does the chart look like on Sunday?

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USD Coin receives a strong long-term technical score of 73 from InvestorsObserverresearch based on historical trading patterns. The proprietary scoring system assesses the price movement of the past few months to a year, analyzes the token’s support and resistance levels, and where it is relative to long-term averages to determine if it is a strong buy and hold investment opportunity. USDC currently holds a long-term technical analysis score above 73% of the cryptos in circulation. This ranking metric is particularly useful for buy-and-hold type investors looking for consistent strong growth when allocating their assets. tokens with a high technical score in the long and short term can help point to assets that have bottomed out, giving investors a chance to “buy the dip”.

InvestorsObserver gives USD Coin a long-term technical rating of 73. Find out what this means for you and get the rest of the ranking on USD Coin!

Business analysis

USDC is currently $0.0000000 (0.01%) above its 100-day moving average price of $1.000000000 with its current price of $1.000000000. Meanwhile, USD Coin is $0.0000000 (-1002.69%) above its 52-week low price of $1.000000000 and -$1.35000000 (-383.05%) below. its 52-week high of $2.350000000. The current price against its moving average and 52-week highs and lows leads to a strong long-term technical score of 73. USD Coin’s long-term trading history trends suggest that traders are currently neutral on the token. USD Coin has a total market value of $45,013,646,081.44 with a high average daily volume of $16,365,023,754.33 of the currency traded in a typical 24-hour period. Over the past 24 hours, USDC volume is below its average with $2,303,102,969.89 traded in total. The Stablecoins subclass of this token: Stablecoins are cryptocurrencies whose value is designed to track the performance of fiat currency (such as the US dollar or Euro).

Summary

Trading patterns over the past year for USD Coin have led the token to a strong long-term technical score of 73 as its consistency, volatility, and relationship to long-term averages have given investors reason to be neutral on the token. Click here for the full USD Coin (USDC) report.

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