USD Coin Long-Term Technical Score of 23 Signals Bearish Pattern

2022-7-23 13:42

USD Coin price is currently trading at $0.999137, down 0.2 percent in the last seven days, data from Coingecko show, Saturday. 

USDC hit its all-time high three years ago or on May 8, 2019, at $1.17. The coin registered its all-time low last year on May 19, 2021, at $0.891848.

It has a total of 55 billion coins in circulation and has a trading volume of $5,576,310,766. 

Suggested Reading | Solana (SOL) To Hit $166 By 2025, Despite Current Bearish Conditions

USD Coin Remains Bearish With LTT Score Of 23

The long-term technical score of USDC is now at 23 which gives away a weak and bearish standpoint based on its long-term trading movement.

USDC trading volume is currently below the seven-day average seen in the last 24 hours or with a total trading volume of 6,391,817,313 as of Saturday. USD Coin currently has an active address count of 24,676.

The moving averages noted in the 20-, 50-, 100-, and 200-hour moving averages have been inconsistent and there was no clear trend seen. More so, there is a marked choppiness in terms of price with the moving averages being crossed and has oscillated from 2,009 to 23,685 as seen in the past 29 weeks.

USD Coin Value Remains Consistent

USDC, a stablecoin founded by Centre Consortium, is fully backed and pegged to the US dollar and has a set value of $1 per coin. It’s considered a great investment and passive income stream for many crypto investors because the value doesn’t change regardless of the market volatility or economic state.

Unlike other coins like Bitcoin, Ethereum, Dogecoin, Shiba Inu, and the like, with prices fluctuating wildly by the hour, the value of the USDC Coin remains consistent and predictable over time.

USDC total market cap at $55.3 billion on the daily chart | Source: TradingView.com

Every USD coin is also collateralized by the US dollar in a bank. This means every USDC has an equivalent US dollar in storage. A fresh new coin is created and backed in a separate bank account by demand.

It is in fact the only stablecoin that is both crypto-collateralized and fiat-collateralized. Unlike Tether, USDC is completely backed by fiat assets which makes it extremely popular and widely accepted even by traditional investors who have risk aversions against the extreme volatility and uncertainty of most digital assets.

Suggested Reading | Cardano (ADA), After 35% Spike, Locks On Next Target: $0.55

USDC provides stability to the very erratic state of cryptocurrencies. With US dollars in the blockchain, it provides quick USDC to USD conversions, peer-to-peer transactions, e-commerce, and payments done in minutes.

Featured image from Freepik, chart from TradingView.com

Similar to Notcoin - Blum - Airdrops In 2024

origin »

CK USD (CKUSD) на Currencies.ru

$ 0.2153 (+0.52%)
Объем 24H $0
Изменеия 24h: 0.67 %, 7d: -2.33 %
Cегодня L: $0.2128 - H: $0.2153
Капитализация $0 Rank 3492
Доступно / Всего 0 CKUSD

usd coin usdc hit saturday coingecko data

Источник: newsbtc.com

usd coin → Результатов: 126


Прогноз стоимости криптовалюты USD Coin на 2020 год

USDC — относительно новая стабильная монета, привязанная к доллару США, и является альтернативой другим криптовалютам, поддерживаемым USD.   Прогноз стоимости криптовалюты USD Coin на 2020 год.

2019-10-21 17:57


Фото:

Инвестиции в криптовалюту USD Coin (USDC)

USD Coin (USDC) — первая криптовалюта, привязанная к доллару США. Зачем её разработчикам нужна стабильность курса, и стоит ли инвестировать в «электронный доллар»? Ответы на эти вопросы есть в новой статье.

2019-6-3 17:02


BNB / USD Price Analysis: Unstoppable Force

Binance Coin has a bullish short-term outlook, with the cryptocurrency trading towards its all-time high The BNB / USD pair has a strong bullish bias over the medium-term A larger inverted head and shoulders is now present across the daily time frame Binance Coin / USD Short-term price analysis Binance Coin has a strong bullish […] The post BNB / USD Price Analysis: Unstoppable Force appeared first on Crypto Briefing.

2019-5-3 18:41


Фото:

Circle & Coinbase Partner Up For a Better Stablecoin, But There’s a Catch

Circle and Coinbase, two of the largest and most popular cryptocurrency companies, are partnering to improve the stablecoin concept, but there’s a catch.   The CENTRE Consortium for a Better Stablecoin On Tuesday, both companies announced the CENTRE Consortium, a joint venture that aims to speed up adoption of cryptocurrencies backed by actual fiat currencies like US dollars.

2018-10-24 12:00


Coinbase добавила в листинг стейблкоин USDC

Американская криптовалютная биржа Coinbase добавила на платформу Coinbase. com и в мобильные приложения на устройствах на базе iOS и Android стейблкоин USD Coin (USDC). Площадка впервые поддержала стабильную монету.

2018-10-24 09:40


Монета компании Circle стала первым стейблкоином на Coinbase

Криптовалютная биржа Coinbase 23 октября объявила о поддержке на своей площадке первого стейблкоина. Им стал USD Coin (USDC) от компании Circle. Биржа сообщила в блоге, что американские клиенты за пределами штата Нью-Йорк теперь могут покупать, продавать, отправлять и получать USDC, о за...

2018-10-24 08:42


Regulators Approve Coinbase to Offer Custody Services in New York State

Coinbase has secured approval from New York state regulators to act “as a limited purpose trust company” in the state, a press release reveals. According to the release, the New York Department of Financial Services (DFS) has officially signed off on an application for the Coinbase Custody Trust Company, a subsidiary of Coinbase Global, Inc.

2018-10-24 00:55


Coinbase to List Competitor-Backed Stablecoin Amidst Growing Interest

Coinbase will reportedly list a stablecoin initially backed by one of its closest competitors after joining the consortium behind the USD-pegged cryptocurrency. Coinbase Joins CENTRE Consortium, Will List USD Coin San Francisco-based cryptocurrency exchange Coinbase recently listed decentralized exchange protocol utility token 0x (ZRX) to the list of cryptocurrencies it offers to consumers for trading.

2018-10-23 22:00


Coinbase анонсировала поддержку стейблкоина USDC

Американская криптовалютная компания Coinbase объявила о добавлении поддержки стейблкоина USD Coin (USDC), выпущенного платёжной компанией Circle в прошлом месяце. Начиная с сегодняшнего дня клиенты Coinbase в обслуживаемых юрисдикциях могут покупать, продавать, отправлять и принимать USDC через Coinbase.

2018-10-24 21:30


Биржа Huobi выпустила стейблкойн для безкомиссионной конвертации между PAX, TUSD, GUSD и USDC

Сингапурская криптобиржа Huobi позволит пользователям легко переключаться между размещенными стейблкойнами через HUSD.   На этой неделе крупнейшая криптовалютная биржа Huobi анонсировала листинг четырех стейблкойнов и объявила об инновационном решении, позволяющем трейдерам без труда конвертировать между собой Paxos Standard (PAX), True USD (TUSD), Gemini Dollar (GUSD) и USD Coin (USDC).

2018-10-20 09:06


Bitcoin Price Analysis: BTC is Getting Ready for Another Huge Price Hike

Resistance levels: $6,960, $7,363, $8,075, Support levels: $6,678, $6,354, $4,800 BTC/USD Medium-term Trend: Ranging BTC/USD is ranging in its medium-term outlook. The coin experienced a sporadic increase on October 15, when the bulls came into the market with high momentum and the pair broke the resistance levels of $6,960, $7,363 and headed up to $8,075 […] The post Bitcoin Price Analysis: BTC is Getting Ready for Another Huge Price Hike appeared first on ZyCrypto.

2018-10-18 11:43


Фото:

Bitcoin Payments Provider BitPay Adds Gemini Dollar and USD//Coin as Settlement Options

Cryptocurrency payments provider BitPay added two stablecoins for fiat-equivalent settlements at merchant-level on Oct. 15, according to a press release. Stablecoin Usage Gaining Traction Seeing a significant demand for the usage of credible stablecoins in the cryptocurrency market, BitPay added Circle’s Centre USD//Coin (USDC) and the Gemini Dollar (GUSD) – both pegged on a 1-to-1 basis […] The post Bitcoin Payments Provider BitPay Adds Gemini Dollar and USD//Coin as Settlement Options appeared first on CryptoSlate.

2018-10-17 16:00


Huobi вслед за OKEx включит в листинг 4 стейблкойна

Криптовалютная биржа Huobi объявила, что произведет на этой неделе листинг четырех привязанных к курсу доллара цифровых монет: TrueUSD, USD Coin, Gemini USD и Paxos. Четвертая в мире по объему торгов криптовалютная биржа Huobi анонсировала добавление поддержки стейблкойнов TUSD, USDC, GUSD и PAX.

2018-10-16 16:34


Биткоин-биржа Huobi добавила поддержку четырех стейблкоинов

Четвертая по суточному объему торгов криптовалютная биржа Huobi добавила поддержку сразу четырех стейблкоинов: TrueUSD (TUSD), USD Coin (USDC), Gemini Dollar (GUSD) и Paxos Standard Token (PAX). $PAX, $TUSD, $USDC and $GUSD Will Be Listed on Huobi Global.

2018-10-16 13:28


BitPay добавил поддержку стейблкойнов Gemini Dollars и Circle USD Coin

Криптовалютный процессинговый сервис BitPay объявил 15 октября о добавлении поддержки стейблкойнов. Отныне мерчанты — пользователи BitPay — могут принимать оплату в Gemini Dollars (GUSD) братьев Униклвоссов и USD Coin (USDC) от Circle.

2018-10-16 12:14


Фото:

Стейблкоины USDT, PAX, USD Coin и Gemini Dollar привлекли к себе повышенное внимание

Последние сутки ознаменовались серией сообщений, касающихся “стабильных” токенов. Так, на фоне вчерашнего снижения курса стейблкоина USDT до 18-месячного минимума в $0,92 и временной приостановки размещения депозитов и вывода USDT на криптобирже Kucoin, а также вывода USDT с Binance глава стартапа Tether по вопросам комплаенс Леонардо Рил (Leonardo Real) заявил, что токены USDT “достаточно обеспечены” резервами в фиатной валюте, несмотря на флуктуацию […]

2018-10-16 11:13


BitPay добавила поддержку двух стейблкоинов

Процессинговый сервис bitcoin-платежей BitPay объявил о добавлении поддержки двух стейблкоинов — USD Coin (USDC) от блокчейн-стартапа Circle и Gemini Dollar (GUSD) от братьев Уинклвосс. BitPay Introduces Stable Coin Settlements in Gemini Dollars and Circle USD Coin | The BitPay Blog https://t.

2018-10-16 09:51


Фото:

BitPay-Pal? BitPay Introduces Settlement in USD-Pegged Stablecoins

BitPay, purportedly the largest blockchain payments provider, will allow merchants to accept settlements in USD-pegged stablecoins. Gemini Dollar and USD Coin Get the Green Light The leading blockchain payments provider BitPay announced that it will allow merchants to receive settlement in USD-backed stablecoins, namely the Gemini Dollar (GUSD) and Circle’s USD Coin (USDC).

2018-10-16 08:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Trump campaign leans in on crypto with new donation page amid shifting political landscape

Former President Donald Trump has begun accepting crypto donations for his re-election campaign, making him the first US Presidential candidate to adopt digital assets for funding. According to a May 21 statement: “This addition to President Trump’s already groundbreaking digital fundraising operation marks the first time a major party Presidential nominee has embraced cryptocurrency for […] The post Trump campaign leans in on crypto with new donation page amid shifting political landscape appeared first on CryptoSlate.

Investor loses over $100k to crypto phishing scam

An investor just fell victim to a phishing attack, losing over $101,000 in multiple cryptocurrencies across several blockchains. According to the Blockchain security firm PeckShield, the address lost over 237.

Stablecoin issuer Circle eyes US move, setting stage for rumored IPO

Stablecoin issuer Circle reportedly plans to shift its legal home to the United States from Ireland for undisclosed reasons, Bloomberg reported on May 15. The firm has begun the relocation process by filing the required paperwork with the High Court of the Republic of Ireland.