Tether USDt (USDT) has been relatively less volatile compared to the crypto market. So far Friday, the Stablecoins has declined 0.01% to $1.
InvestorsObserver is giving Tether USDt a 1 Volatility Rank. Find out what this means to you and get the rest of the rankings on Tether USDt!
The Volatility Gauge follows meaning that one day won’t make or break its rank.
USDT’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 USDt price is well positioned going forward. With support at $0.999452092097417 and resistance near $1. This positions Tether USDt with room to run before facing selling pressures.
This news is republished from another source. You can check the original article here