How Does it Rank Friday on Long-Term Trading Metrics?

Binance USD receives an average long-term technical score of 35 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token’s consistency, volatility, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.

Currently, BUSD holds a superior long-term technical analysis score than 35% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover tokens that have bottomed out.

InvestorsObserver is giving Binance USD a 35 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Binance USD!

Trading Analysis

The current trading price of $1.000000000 for BUSD is $0.0000000 (0.09%) above the tokens 100-day moving average of $1.000000000. BUSD meanwhile is $0.0100000 (-1004.63%) above its 52-week low of $1.000000000 and -$0.02000000 (-878.22%) under its 52-week high price of $1.020000000. Binance USD’s current price relative to the tokens long-term average and 52-week high and low, gives the crypto an average long-term technical score of 35. The price movement and range of BUSD suggest that investors are bearish on the token at this time.

Binance USD has a total market value of $22,997,147,175.82 with an high average daily volume of $46,903,384,293.10 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, BUSD’s volume is below its average with $16,946,461,504.19 exchanged in total.

This token’s subclass Stablecoins: Stablecoins are cryptocurrencies whose value is designed to track the performance of fiat money (such as the U.S. Dollar or Euro).

Summary

Trading patterns over the last year for Binance USD leads to the token’s an average long-term technical score of 35 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the token.

Click Here to get the full Report on Binance USD (BUSD).

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