Tether (USDT) Gains Bearish Valuation investor observer Tuesday. The token fell 0% to $1 while the broader crypto market fell 1.91%.
bearish
Over the past 5 days, Tether has received a bearish rating. investor observer sentiment score. Sentiment Score measures Tether’s performance over the last 5 days by volume and price movements.
Sentiment Score is a quick and quick look at the recent performance of a cryptocurrency. This helps both short-term investors looking to ride rallies and long-term investors looking to buy dips.
price level
Tether is currently trading near the 5-day low of 0.999947309494019. The token is 0.04% away from its 5-day high and 0.01% higher than its 5-day low of $0.999947309494019.
Tether price is trading close to the support. With the support set around $0.999969619226398 and the resistance set at $1, there is plenty of space before reaching the resistance.
Tether has recently been trading in small amounts. This means that today’s volume is below the average volume of the last 7 days.
What is a token?
A token is a digital asset that exists on the blockchain of another cryptocurrency.
Due to the lack of data, this crypto may not be very suitable for some investors.
Click here to unlock the rest of the reports on Tether
Stay up to date
Subscribe to our daily morning update newsletter so you never miss any market news, moves and more you need to know.
Thank you for signing up!Ready to receive the Morning Update newsletter
