USD Coin Closed Yesterday Up 0%

The Hourly View for USD Coin

  • At the time of this writing, USDC’s price is down $0 (0%) from the hour prior.
  • It’s been a feast for bears operating on an hourly timeframe, as USD Coin has now gone down 9 of the past 10 hours.
  • From a hourly perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 hour timeframes.
  • Most noteworthy in the world of moving averages on the hourly chart is that the 20 hour moving average has been crossed, with price now being above it. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

USD Coin’s hourly price chart is shown below.

USDC

The Daily View for USD Coin

  • At the moment, USDC’s price is down $0 (0%) from the day prior.
  • This is a reversal of the price action on the previous day, in which price moved up.
  • From a daily perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 day timeframes.
  • Of note is that the 200 and 50 day changed directions on USDC; they are now pointing down. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Below is a daily price chart of USD Coin.

USDC

The Latest From USDC’s Blockchain

  • USDC has a daily large transaction count of 5778, down 26.8% from its value day prior.
  • Over the past 29 weeks, USDC’s average transaction value has been in a clear uptrend, growing by about 427.74 per day.
  • USDC’s daily transaction count now stands at 65287.