Tether price for today is $0.993657. It has a current circulating supply of 2.06 Billion coins and a total volume exchanged of $97,581,934 Resistance Level (R3): 1.021 Resistance Level (R2): 1.013 Resistance Level (R1): 1.003 Pivot Point: 0.995 Support Level (S1): 0.985 Support Level (S2): 0.977 Support Level (S3): 0.967
Tether is the biggest Ponzi scheme in the history of crypto and is becoming increasingly more unstable every day. USDT is subject to many factors, such as the rising and falling value of the dollar and the constant increase of Tether into Infinium to manipulate the price of other cryptocurrencies that are solely reliant upon USDT for purchase. I do believe that...
Tether is looking like it's about to lose a fair sized chunk of it's market dominance moving forward. Stablecoin legislation in the U.S. will most likely be the beginning of the end of Tether's long held dominance in the stablecoin realm.
Tether's current trading value against USD has created a huge spread between USDT and USD traded pairs. A possible reason is tether's long-standing lack of transparency or the perceived safer stable coin competitors. @AureliusBTC on Twitter noticed the gap on multiple spot exchanges using USDT vs. BitMEX long before I did, and linked this article about possible...
Tether is eventually going to crack and will become depeg from the USD. When this happens - much like TerraUSD, it will lose massive amounts of marketcap and come tumbling down to pennies on the dollar. This will likely coincide with the failure/collapse of Binance. Don't hold your buying power in USDT, USDC or any other stable coin or you could lose it in a flash!
Tether's Dominance, after creating a bullish CH and the BOS it had, climbed and ran into a fresh Order Block and has now reacted to it. Inside this OB, we also have a QM Level that has increased the power of this supply area. Also, a liquidity pool that I have shown in $$$ has been collected According to the movement of Sharp (ifc) and the lack of trading...
One of our readers pointed out the USDT.D (Tether Dominance) chart... It is ultra bearish. Let's get started. We have these strongly bearish candles (1): While prices are now moving below EMA10 (2), we also have a double top (3) and a lower high (4): The MACD is about to print a bearish cross (5) while the RSI is about to move to weak from strong (6). These...
Tether's stablecoin USDT was introduced to improve the liquidity of the early Bitcoin market. The project has faced various legal controversies revolving around the legitimacy of its 1:1 USD backing. Despite these obstacles, the stablecoin has dominated one of the fastest growing sector's in crypto. Tether is by far the most popular and most liquid stablecoin and...
Tether Market Cap vs BTC Price -- please note that Tether prints & redemptions take 20 to 25 days until impacting Bitcoin price. This correlation is very strong and has been working for over 12 months
Tether Dominance (USDT.D) hit an All-Time High this very month, just as Bitcoin (BTCUSD) went through the worst drop in several years. This chart is not weak but a high has been hit. Each time the upper trendline is hit, we tend to have a correction. This is a mixed situation... But the volume is lower now compared to June 2021. So USDT.D is likely to...
Buy crypto because tether will start downtrend Enjoy this analysis
- On this Chart i use zero indicator and just the trend. - Some basic supports and resistances. - What we can see and deduct ? - Tether jumped from 0.01% to 1% dominance from 2015 to 2018. - from 2019 to 2023 USDT.Dom growed from 1% to 10%. - now the trend is still evolving in a steady broadening trumpet formation. - Do you really believe Tether would reach 35%...
Since a few weeks tether is surprisingly acting like as an altcoin. The last time that tether acted as a stablecoin was during .. the tether sell off of 15 october. A lot of tether were rapidly sold to buy bitcoins. The price of tether felt and bitcoin was squeezed up. Since there everything changed and tether was no more my good old tether. Just to remember...
Just another chart art nothing serious. Print USDT for more BTC/USD price liquidity, dont stop doing what your doing Tether. keep printing, keep pumping and Always Stay legit ! Until someday tether printer is goes obsolete because somethings..
BACKGROUND Tether launched in 2014, and quickly became the world's largest stablecoin, with a current market value of almost $70 billion. In order to assure buyers that Tether is Legitimate, Tether claimed it had cash reserves equal in value to the stablecoins it issued. That means that 1 Tether Has 1 U.S Dollar backing it. The US government found that wasn’t at...
On Friday May 18 2018, Tether printed another 250 million tokens, bringing the total supply to about 2.5 billion USDT. The last print was for 300 million tokens on March 20 2018. And the previous before that was for 100 million USDT on January 23 2018. It is no secret how Tether and Bitfinex are intertwined, as a simple search will reveal those involved with...
Analyzing the Tether Price from Kracken, where according to cryptocompare , 90% of the volume derives from. The stable coin everyone's talking about that dropped 15% against USD. Will it tether back to $1? Tether is finding support at the early 2018 levels of $0.94. It is currently 4.6% away from it's $1 value. Daily TD Sequential is on a 9, hinting a...