USDC/USD:
The current market price is 1.00005, indicating a slight increase of 0.05% from the previous close.
Support and Resistance Levels
Current support levels are 0.99980, 0.99970, and 0.99960;
Current resistance levels are 1.00050, 1.00080, and 1.00100.
The pivot point is set at 1.00000.
Indicators
The RSI is at 50, indicating neutrality.
The ADX is rising, currently at 24.63, suggesting a strengthening trend.
The Parabolic SAR indicates an uptrend, with values such as 0.99990 remaining bullish. The price is above the 50-day SMA and 200-day EMA, both around 0.99985 and 0.99986 respectively.
Market Sentiment
As the market price is above the pivot point of 1.00000 and indicators suggest bullish momentum, a buying trend is favored.
