Tether (USDT) gets a neutral rating from InvestorsObserver Sunday. The Stablecoins asset is down 0.01% to $0.999941644 while the broader crypto market is up 0.07%.
Over the last five days, Tether has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Tether 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.
Tether is currently trading near its five-day low of $0.999935626983643. The Stablecoins asset is 0.03% off its five-day high and is 0.00% higher than its five-day low of $0.999935626983643.
Tether price is currently below support. With support set around $0.999959312201588 and resistance at $1, Tether is potentially in volatile territory as selling pushes the crypto’s price below recent support.
Tether 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.
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