Tether Continues Flat Trend
Tether Continues Flat Trend – USDT/USD trading at $1.0000 at the time of the analysis and makes way to flat trend at the rate of 0.00%. The cryptocurrency market seems to look uncertain since a couple of days. The sudden rise and dip is creating twilight in the minds of traders. Currently all the alt-coins move towards the bears indicating negative slope. Tether continues to move flat inconsiderable to the ups and downs. However, at present, Tether is straight horizontal and might give way to the bears soon. The coin aims to maintain a flat trend away from areas of resistance and support.
USDT/USD Price Analysis And Forecast For August 20th, 2019 – Flat trend.The pair is moves horizontal on trend at the rate of -0.1%. The moving averages 0.9999 indicates flat trend with the struggle to stay away from bears. The MACD’s depict a flat line with inconsiderate upward and downward push. The RSI at 54.61 shows horizontal stable line with no influence by sellers and buyers. The price may range from $1.0000 – $0.9995
Besides that cancellation of the flat trend may influence the sellers to supply more to reach areas of resistance.Then price may vary from $1.0000 – $1.1150.