Venus USDC (vUSDC) gets a neutral rating from InvestorsObserver Thursday. The token is up 0.06% to $0.02151011949 while the broader crypto market is down 4.79%.
Over the last five days, Venus USDC has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Venus USDC over the past five days by volume and price movement.
The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.
Venus USDC is currently trading near its five-day low of $0.0214836038649082. The token is 1.05% off its five-day high and is 0.12% higher than its five-day low of $0.0214836038649082.
Venus USDC price is comfortably positioned between support and resistance. With support set around $0.0214775747019805 and resistance at $0.0215232597995557, has some room to run before facing resistance.
What is a token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
Due to a lack of data, this crypto may be less suitable for some investors.
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This article originally appeared on https://www.investorsobserver.com/news/crypto-update/whats-next-for-neutral-rated-venus-usdc-vusdc-9