YOUCASH Price Up 28.20% – Time to buy YOUC Coin?
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Many crypto assets are downtrend as investors are winding down for the season. However, the YOUCASH blockchain recently experienced tailwinds, prompting investors to buy YOUC.
YOUC is an ERC-20 utility token utilised for rapid and borderless transactions and micropayments from advertisers to YOUapp users and transaction fees.
Advertisers can pay individuals directly for watching adverts in a cheap and fast cross-border fashion using the Ethereum-based cryptocurrency.
With blockchain tech rapidly integrating with most legacy-based businesses, it would be worthwhile to analyse the technical and fundamental performance of the YOUCASH blockchain and determine if this can be an ideal opportunity to buy YOUC for the long term.
YOUC Skyrocketing In The Crypto Bloodbath
At the time of writing, the ERC-20 token is currently trading at $0.1930. YOUC’s current pricing reflects a 28.20% gain in the previous 24 hours, indicating a strong bullish backing.
YOUCASH is the 210th most valuable digital asset and presently dominates an undetermined part of the global crypto market.
YOUC has a market valuation of $2.1 billion and has gained 13.58% in the previous 24 hours. The cryptocurrency has a 24-hour trading volume of $2.1 billion and has increased by 21.42% in the past day.
The digital currency has outperformed earlier forecasts, gaining new support and resistance levelse simultaneously. This consistent upward tendency is a strong incentive for investors to buy YOUC.
The YOUCASH utility token was trading at $0.0227 on June 25, then on July 6, the digital asset jumped to $0.0649, a threefold increase over the previous price.
On July 26, the token made another spectacular leap to $0.119 before dipping to $0.0697 on August 11.
On August 15, the digital asset began to rise again, reaching a price of $0.1838, and the price fell to $0.1293 on September 12 before surging to an all-time high of $0.2828 on November 23.
The asset subsequently began a downward trend, dipping to a price of $0.1724 on December 13 before pumping to its current price of $0.1930.
YOUC Technical and Fundamental Analysis
YOUC’s technical indicators confirm the bearish run as the coin is seen trading above the 20-day moving average (MA) support price of $1.8. The 200-day MA backs this bearish record with a support price resting at $1.4.
The Relative Strength Index (RSI) puts YOUC in the underbought region as the chart puts the digital asset on the 40.92 figure.
The moving average convergence and divergence (MACD) trend line depict a strong sell signal, with the orange trendline currently leading the charge. However, this presents a unique opportunity to buy YOUC and rise with the crypto market.
The digital asset’s impressive indicators are due to a couple of fundamental factors playing in the asset’s favour.
YOUgo was successfully launched in Switzerland during the Big Air Festival in Chur. In October, more than 10,000 people attended the Mega Ski-, Snowboard and Music Festival.
YOUgo was part of the digital entertainment offering and promoted the new Augmented Reality Super App in the festival area. Almost 5,000 interactions with the target group led to more than 20% downloads of the new app.
YOUgo is a cutting-edge Augmented Reality app that allows players to earn and win cash and large prizes.
With the launch of Youengine, the Youcash blockchain successfully started phase 1. YOUengine is a decentralised and tokenised advertising network built on the blockchain that links brands and enterprises with individuals worldwide.
It includes the augmented reality game YOUgo, a new social networking platform called YOUsocial, and a one-of-a-kind digital wallet called YOUwallet.
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