Tether Gold (XAUt) has been relatively less volatile when compared to other cryptocurrencies. So far Wednesday, the crypto has declined 1.22% to $1876.34.
InvestorsObserver is giving Tether Gold a 5 Volatility Rank. Find out what this means to you and get the rest of the rankings on Tether Gold!
The Volatility Gauge takes into account meaning that one day won’t make or break its rank.
XAUt’s low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
Tether Gold price is in a good position going forward. With support set at $1861.53 and resistance near $1882.37. This positions Tether Gold with room to run before facing selling pressures.