Gemini Dollar receives a strong long-term technical score of 86 from Investors Observer To analyse. Our proprietary scoring system takes into account trading patterns over the past few months to a year by analyzing the token’s consistency, volatility, and position against long-term averages to determine if it is a solid buy and hold investment opportunity. Currently, GUSD holds a long-term technical analysis score above 86% of cryptocurrencies. Long term investors using a buy and hold strategy will find the long term ranking particularly relevant when allocating their assets and may find additional value finding cyptos with a high technical score in the short term to find out. tokens that have bottomed out.
GUSD is currently $ 0.0000000000 (0.22%) above its 100-day moving average price of $ 1.0000000000 with its current price of $ 1.0000000000. Meanwhile, the Gemini Dollar is $ 0.1000000 (-1115.55%) above its 52-week low of $ 0.900000000 and – $ 0.28000000 (-706.72% ) below its 52-week high of $ 1.270 million. The current price relative to its moving average and 52 week highs and lows leads to a strong long term technical score of 86. Trends in Gemini Dollar long term trading history suggest that traders are currently neutral on the token. Gemini Dollar has a market cap of $ 174,542,723.10 and a relatively average average daily volume with $ 49,242,953.52 of the currency traded over a typical 24 hour period. Over the past 24 hours, GUSD volume is below its seven day average with 9,308,724.30 traded. Stablecoins subclass of this token: Stablecoins are cryptocurrencies whose value is designed to track the performance of fiat currency (like the US dollar or the euro).
Last year’s trading patterns for the Gemini Dollar give the token a strong long-term technical score of 86, as its consistency, volatility, and relationship to long-term averages gave investors reason to be neutral on the token. Click here for the full report on Gemini Dollar (GUSD).