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USD Coin Price Prediction | Forecast for USDC

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Table of Contents:

  1. Coin prognosis
  2. What is USD Coin coin?
  3. Future price prediction
  4. Frequently asked questions
  5. Historical Price Data

Possible bearishness on USD Coin Downside

Over the past few weeks, USD Coin's price has performed poorly in relation to the market. This poor performance is reflected in it's daily price movements which heavily influences our ranking algorithms. Buying USDC at this time may lead to loss of capital. However, if you believe this is a good project, take a look at our Fundamental analysis and do a detailed due diligence, then accumulate a long-term position.

What is USD Coin? Fundamental Analysis

USD Coin (USDC) is a fully collateralized US Dollar stable coin. It is built on the open source fiat stable coin framework developed by CENTRE, and Circle is the first of several forthcoming issuers of USDC.USDC is designed to minimize price volatility and it does so by ensuring that every unit of USDC is only created when a corresponding US Dollar is deposited into a reserve bank account. Its major application at this point is as a mechanism for trading and hedging in global crypto capital markets. However, USDC is being adopted for use cases such as lending, payments, investments, and further applications within financial contracts such as derivatives contracts, insurance contracts, and security tokens.Commercial issuers of USDC are required by CENTRE to be licensed to handle electronic money; have audited AML and Compliance programs that meet FATF standards; back all tokens on a fully reserved basis and provide monthly published proof of reserves attested to by certified public auditors; support fungible exchange and redemption of USDC tokens from other authorized issuer members; meet other reporting and review requirements established by CENTRE Note that as a fully collateralized stablecoin, the supply is determined by the USD deposits being taken on issuing services such as, CENTRE announced that Coinbase is joining Circle as a founding member of CENTRE Consortium, and as part of this USDC is now available on Coinbase Pro and

USD Coin price prediction

Future price prediction

Date Price Possible movement
May 18, 2021 $1.0030 Neutral
June, 2021 $ 1.0000 USD Downside
July, 2021 $ 1.0000 USD Downside
August, 2021 $ 1.0006 USD Downside
November, 2021 $ 1.0002 USD Downside
May, 2022 $ 1.0006 USD Downside

USDC Crypto Price Forecast: Frequently Asked Questions

Question Answer
Will USD Coin rise today? Our data indicates USD Coin will rise today. It's already higher than it's opening price. That's a great sign
What will be the highest price of USD Coin (USDC) in future? Our analysis shows USD Coin is already past it's immediate all time high, indicating a bearish signal!
Will USD Coin (USDC) price increase in future? No. Our algorithms indicate that USD Coin (USDC) will experience a significant decline in future. As low as $1.0006/USDC
Will an Investment in USD Coin (USDC) be profitable or make a loss? Probably Loss making.
What will be the lowest price of USD Coin (USDC) in future? $1.0006 USD
Will the price of USD Coin (USDC) move downward in future? Down only
At the end of the year, what will be the price of 1 USD Coin? Our analysis shows an end of year prognosis of 1USDC = $1.0006 USD.
Where do I buy USD Coin? We have curated some great options. Buy USDC coin here →

Historical Price Data (USD)

Pay close attention to daily volume fluctuations. Poor volume like USDC has is a good indication of bearishness in the short term.

Date Price Volume
May 5, 2021 $1 $28,518,268
May 4, 2021 $0.9999 $1,451,978
May 3, 2021 $1 $1,138,656
May 2, 2021 $1 $21,673
May 1, 2021 $0.9993 $26,145
April 30, 2021 $0.9999 $48,737
April 29, 2021 $0.9999 $43,946
April 28, 2021 $1 $42,643
April 27, 2021 $1 $40,601
April 26, 2021 $1.001 $61,617
April 25, 2021 $1 $44,292
April 24, 2021 $1.001 $33,909
April 23, 2021 $0.9994 $105,564
April 22, 2021 $0.9997 $84,168
April 21, 2021 $0.9999 $41,801
April 20, 2021 $0.9992 $55,859
April 19, 2021 $1 $48,611
April 18, 2021 $0.9995 $112,548
April 17, 2021 $1 $34,244
April 16, 2021 $1 $57,544
April 15, 2021 $1 $34,098
April 14, 2021 $0.9997 $64,293
April 13, 2021 $1 $52,947
April 12, 2021 $1 $31,812
April 11, 2021 $1.001 $20,375
April 10, 2021 $1 $38,767
April 9, 2021 $1 $21,318
April 8, 2021 $1 $25,470
April 7, 2021 $1 $50,371
April 6, 2021 $1 $26,306

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