USDC – Technical cryptocurrency analysis

Analyse USDC (USDC-USD) using a set of line charts displaying technical indicators in relation to its price performance of this cryptocurrency. This free crypto analysis tool provides traders with insights into volatility, RSI, MACD, MFI, OBV, A/D, Stochastic oscillator and CCI compared to the crypto price of USDC over time. It assists in identifying trading opportunities and understanding risk for this cryptocurrency.

USD is a stablecoin pegged 1:1 with the US dollar, created by the Centre consortium (led by Coinbase and Circle). In August 2023, the centre consortium was dissolved and granted circle full governance over USDC. It operates on Ethereum, Algorand, Solana, and several other blockchains. Because it relies on other blockchains, it has no own hashing algorithm and uses the Pos/dPos/PoH consensus depending on the used cryptocurrency. It is considered a reliable, transparent stablecoin, commonly used in decentralized finance (DeFi), trading and as a stable store of value.

Technical analysis of USDC (Cryptocurrency) [guide]

Additional resources

External links
USDC on Yahoo Finance

Related internal cryptocurrency comparisons
Cryptocurrency comparison

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