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    Tether

    Is Tether USDt (USDT) Heading the Right Direction Friday?

    December 29, 2023Updated:December 29, 2023No Comments1 Min Read

    Tether USDt receives an average long-term technical score of 39 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.

    USDT currently holds a superior long-term technical analysis score than 39% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to ‘buy the dip’.

    InvestorsObserver is giving Tether USDt a 39 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Tether USDt!

    This news is republished from another source. You can check the original article here

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