#tusd The current price of TrueUSD (TUSD) is around $0.9981-$0.9982, with a market capitalization of approximately $494.67 million. Here's a detailed technical analysis:
*Key Indicators:*
- *Relative Strength Index (RSI):* Neutral, around 51.56921, indicating range-bound territory
- *50-day Simple Moving Average (SMA):* TUSD is trading above the 50-day SMA, indicating short-term bullish momentum
- *200-day SMA:* TrueUSD is also trading above the 200-day SMA, indicating a positive long-term outlook
*Price Movement:*
- *24-hour Price Change:* Minimal change, with some sources indicating a slight increase of 0.02926% or no significant change
- *24-hour High:* $0.9986
- *24-hour Low:* $0.9977-$0.9986
*Trading Volume:*
- *24-hour Trading Volume:* Significant, with approximately $123.51K-$126.42K in USDT traded against TUSD
*Technical Analysis:*
- *Short-term Outlook:* Bullish momentum, with key support and resistance levels in focus
- *Long-term Outlook:* Positive, with TrueUSD maintaining a stable store of value
*Trading Signals:*
- *Buy Signal:* Some sources indicate a buy signal, with TUSD trading above its 50-day and 200-day SMAs
- *Sell Signal:* Other sources suggest a sell signal, with the RSI in neutral territory and potential for sideways movement ¹ ² ³.
