Tether USDt (USDT) gets a neutral rating from InvestorsObserver Sunday. The Stablecoins asset is down 0.07% to $0.9996901899 while the broader crypto market is up 1.49%.
Neutral
Over the last five days, Tether USDt has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Tether USDt 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
Tether USDt is currently trading near its five-day low of $0.999325513839722. The Stablecoins asset is 0.18% off its five-day high and is 0.04% higher than its five-day low of $0.999325513839722.
Tether USDt price is currently below support. With support set around $0.999763107207435 and resistance at $1, Tether USDt is potentially in volatile territory as selling pushes the crypto’s price below recent support.
Tether USDt 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.
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You’re all set to receive the Morning Update newsletter
This news is republished from another source. You can check the original article here