USDA
USDA · detected 11 days ago
StatusClosed
Detected at$0.99812300▲ 10.8%in 24h
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The move that put this coin on our radar.
Since detection$0.98777000▼ 1.0%
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Price change since this swing was detected.
Voting closed
End result▼ DOWN
13 votesLatest news about USDA
No recent news found for this coin.
Discussion
Log in to commentResistance levels don't really apply here the same way, what matters is whether the peg authority has the reserves to absorb this, and last I checked their backing was thinner than they let on.
Honestly if I'm holding a stablecoin and it's up 11% I'm not feeling good about that, I'm feeling nervous. That's not how these are supposed to work and whatever comes next probably isn't fun.
Wait, a stablecoin pumping 11% that's either a really bad sign or something seriously broke with the peg mechanism.
Yeah, nailed that one, straight into a wall.
Does the weekly have any clean resistance above this or is it pretty open air?