Tether Gold (XAUt) has been relatively less volatile when compared to other cryptocurrencies. So far Thursday, the crypto has dropped 0.11% to $2024.72.
The Volatility Gauge follows this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
XAUt’s low volatility reading pairs 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 well positioned going forward. With support around $2018.19 and resistance at $2028.24. This leaves Tether Gold with room to run before facing selling pressures.
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