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Tether Enters Today Up 0%

USDT

The Hourly View for Tether

  • At the moment, USDT’s price is down $0 (0%) from the hour prior.
  • It’s been a feast for bears operating on an hourly timeframe, as Tether has now gone down 25 of the past 30 hours.
  • Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
  • Of note is that the 100 hour changed directions on USDT; it is now pointing up. 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.

Tether’s hourly price chart is shown below.

USDT

The Daily View for Tether

  • Currently, USDT’s price is down $0 (0%) from the day prior.
  • It’s been a feast for bears operating on the daily timeframe, as Tether has now gone down 9 of the past 10 days.
  • 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 100 and 20 day changed directions on USDT; 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.
  • Divergence between USDT’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in USDT’s price.

Below is a daily price chart of Tether.

USDT

The Latest From USDT’s Blockchain

  • USDT’s number of daily new addresses now stands at 18648.
  • Over the past 29 weeks, the trend for USDT’s count of active addresses has been choppy and unclear. It has oscillated between 59747 and 143948.
  • USDT has a count of active addresses of 65313, down 4.74% from its value day prior.