USD Coin (USDC) Technical Analysis


$ 1.0001 0.01%

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Last update at the same time 2022-09-29T17:02:07.032Z

USD Coin (USDC) Technical Analysis

USD Coin capitalization basics

Market capitalization:
US $ 48,644,418,108.14

Trading volume in 24 hours:
US $ 4,104,299,266.52

Fully diluted pricing:
US $ 48,644,418,108.14
Total supply:
48,639,167,288.88

Maximum total supply:
Not available

Total circulation supply:
48,639,167,288.88

Explanation of USD Coin (USDC) capitalization and total supply metrics

The market cap metrics give you an overview of how this coin is likely to grow in the future. Here is an example if you look at the USD Coin (USDC):

  • The maximum total supply does not exist, i.e. the developer has the right to create mechanisms to release more of this coin. The case of over-issuance will lead to inflation and the price of copper will go down.

The article analyzes the data of USD Coin (USDC)

Investment funds that are engaged in investing USD Coin

According to Coin Market Cap data, we did not find data on the investment funds behind the USDC. However, this data is not necessarily accurate. You can find more information on ADA's official website

Price change of USD Coin (USDC) for the last 90 days

last 24 hours
0.01 %
the past 7 days
0.01 %
the past 30 days
0.03 %
the past 60 days
0.01 %
the past 90 days
0.01 %

Technical analysis of the price of USD Coin (USDC) and some comments

In the long-term, the price of USD Coin has reached 0.00504697 % and is located in the price zone of 1.00010795 US$.

The short term (here we look at the price of the week for a more stable view than intraday) was at -0.0103376

If you are a HOLDER (i.e. players who make profits based on the length of time) then you should focus on the 90 day long term trend. However, if the investment case is the platform coins alone, then you need to observe with a time length that can be longer than 6 months or sometimes 1 year.

If this coin has many large investors who are funds, you should monitor the movements of investment funds to be able to make the right comments in the future.

In the long term future, the cryptocurrency market will grow very strongly, however in the short term there will be bids by market makers. So learn carefully the information so that you can calm down before the ups and downs of the market.

            

Perspectives when viewing technical analysis if you decide to buy or sell USD Coin

Is technical analysis enough to make a decision to buy or sell USD Coin?

Absolutely not enough. Because there are many different factors that can affect the price of USD Coin, there are also factors in investor psychology.

For example, within the last 7 days you have seen USD Coin decrease 0.01 %, however it is not certain that this coin will continue to decline in the long-term future.

Cryptocurrency market is a new market and will not have the characteristics of technical analysis like the stock market, gold, .. and many other established markets.

These are just extremely basic analysis of the USD Coin (USDC), you should not rely solely on this information to make buying or selling decisions.

Calculating the amount to buy based on technical analysis?

You can look at metrics like current total circulating supply, maximum total supply, and compare the price of USD Coin (USDC) against the high-ranking coins to see maximum growth potential. of this coin.

As far as current and past data goes, no coin has ever had a market cap that has surpassed Bitcoin (BTC) with a market cap of 2 USD, and Ethereum (ETH) with a market cap of 373,506,315,637.07 USD. market is 164,137,326,334.39.

So you can predict if the capitalization of USD Coin (USDC) is equal to the capitalization of 2 coins Bitcoin, Ethereum, how much the price of USD Coin (USDC) coin will be able to increase. These are common short-term estimates.

To see the detailed analysis, you can also see more articles How much USD Coin (USDC) do you need to buy now to be able to become a dollar millionaire in the future?

Predict the price of USD Coin (USDC) in the future

Based on past data as well as consulting many sources from experts, of course, there will be mixed opinions. However, we want to give you a relative estimate to have more long-term HOLD confidence

These analyzes will be updated regularly as the market changes, We recommend that you use the following information only for reference purposes and not as investment advice.

What is the price of USD Coin (USDC) in 2024?

Currently, the price of USD Coin is $ 1.0001 and this coin was started in 2018. Many experts estimate the price of USDC to be in the range of USDC. $1.3201 to $1.8002 in 2024

What is the price of USD Coin (USDC) in 2027?

In the long term, it is likely that USDC will have a good breakout. However, this investment requires quite a bit of patience, and this price increase only benefits long-term investors. In 2027 the price of USD Coin will probably be around $3.0003 to as high as $6.0006

What is the price of USD Coin (USDC) in 2030?

The long-term future of USDC will also see growth. Many estimates hope that the price of the USD Coin coin will be able to go up to about $6.1207 to $13.8015 in 2030

What is the price of USD Coin (USDC) in 2032?

After 10 years, the USD Coin coin is estimated by many experts to fall between $9.0010 to $21.0023 in 2032
                                            

What should beginner investors in this market keep in mind?

If you are just starting out and do not fully understand the technical aspects of digital currency, we advise you to invest coins on reputable centralized exchanges:

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