Doing better than the market
The total crypto market is −2.6% in 24 hours. USOON is +2.1%, 4.7% better than the market, so part of the move is specific to United States Oil Fund (Ondo Tokenized).
Why is the crypto market moving? →
why / usoon
Why is United States Oil Fund (Ondo Tokenized) up today?
United States Oil Fund (Ondo Tokenized) (USOON) is up 2.1% in the last 24 hours, trading at $170.44. That is 4.7% better than the whole crypto market (−2.6%), so part of the move is specific to United States Oil Fund (Ondo Tokenized). It has been moving on its own rather than with Bitcoin (−2.9%).
USOON 24h+2.08%
Whole market 24h−2.60%
Bitcoin 24h−2.94%
Link to BTC (30d)-0.21
Volume vs normal—
signals
What is moving United States Oil Fund (Ondo Tokenized)
Strongest signals first.
Moving on its own, not with Bitcoin
Over the last 30 days, USOON's daily moves had a -0.21 correlation with Bitcoin (1 means identical direction). That is low: USOON has mostly moved on its own lately, while Bitcoin is −2.9% today.
Bitcoin price →Strong month
USOON is +5.1% this week and +19% over 30 days, so today's move continues the monthly trend.
Market mood: Fear (30)
The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.
Fear & Greed Index →Liquidations, funding and open interest
See whether leveraged traders are being forced out of USOON positions right now, on the chart, in the Blockdeck app.
See VIP layers →next
Keep exploring United States Oil Fund (Ondo Tokenized)
faq
Questions
Why is United States Oil Fund (Ondo Tokenized) up today?
United States Oil Fund (Ondo Tokenized) (USOON) is up 2.1% in the last 24 hours, trading at $170.44. That is 4.7% better than the whole crypto market (−2.6%), so part of the move is specific to United States Oil Fund (Ondo Tokenized). It has been moving on its own rather than with Bitcoin (−2.9%).
Will United States Oil Fund (Ondo Tokenized) go back down?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: USOON is +5.14% over 7 days and +18.66% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.
How is this explanation made?
From measured market data, refreshed every few minutes: the whole market's move, USOON's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.
Explanations are built from market data and are not financial advice.