USD Coin receives a strong long-term technical score of 82 InvestorsObserver Analysis. Our proprietary rating system considers trading patterns over the last few months to a year, analyzing the token’s consistency and volatility and where it compares to long-term averages to determine if it’s a strong buy-and-hold investment opportunity . Currently, USDC holds a superior long-term technical analysis value than 82% of cryptocurrencies. Long-term investors employing a buy-and-hold strategy will find long-term rank particularly relevant to their asset allocation, and may find additional value by finding cryptos with a high short-term technical score to discover tokens that can have bottomed out.
USDC’s current trading price of $1.000000000 is $0.0000000 (0.04%) above the token’s 100-day moving average of $1.000000000. USDC, meanwhile, is $0.0100000 (-1012.75%) above its 52-week low of $0.99 billion and -$1.35000000 (-383.04%) below its 52-week high of 2 ,3500000000$. USD Coin’s current price relative to the token’s long-term average and 52-week high and low gives the crypto a strong long-term technical score of 82. USDC’s price action and range suggest that investors are investing in the token are neutral about time. USD Coin has a total market value of $53,710,041,395.85 with a high average daily volume of $49,406,425,830.82 of the currency exchanged over a typical 24-hour period. Over the past 24 hours, USDC’s volume has been below its average, totaling $4,461,854,375.15. This token’s subclass Stablecoins: Stablecoins are cryptocurrencies whose value is designed to replicate the performance of fiat money (such as US dollars or euros).
USDC’s historical trading over the past year gives it a strong long-term technical score of 82, as its price action over this period has given investors reason to be neutral on the token over the long term. For the full USD Coin (USDC) report, click here.
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