Binance USD (BUSD) Has a Bullish Sentiment Score, Is Falling, and Underperforms the Crypto Market Thursday: What’s Next?
Over the past five days, Binance USD has had a bullish rating on the InvestorsObserver Sentiment score. The Sentiment Score measures the performance of Binance USD over the past five days in volume and price movement.
The Sentiment Score provides a quick, short-term snapshot of recent crypto performance. This can be useful for both short-term investors looking to take advantage of a rally and longer-term investors trying to buy the dip.
Binance USD is currently trading near its midpoint over the past five days. The crypto is 0.30% off its five-day high and 0.19% higher than its five-day low of 0.998107969760895.
Binance USD price is trading near support. With support pegged at around $0.999562771470281 and resistance at $1, there is plenty of room before reaching resistance.
Binance USD has been trading at low volume recently. This means that today’s volume is lower than its average volume for the last seven days.
What is a token?
Tokens are digital assets that exist on the blockchain of another cryptocurrency.
Due to a lack of data, this crypto may be less suitable for some investors.
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