Tether Gold (XAUT) Rises 0.09%, Underperforms the Crypto Market Tuesday

Tether Gold (XAUT) has been relatively less volatile when compared to other cryptocurrencies. So far Tuesday, the crypto has advanced 0.09% to $1732.79.

InvestorsObserver is giving Tether Gold a 4 Volatility Rank. Find out what this means to you and get the rest of the rankings on Tether Gold!

Low Volatility

InvestorsObserver gives Tether Gold a low volatility rank of 4, placing it in the bottom 4% of cryptos on the market.

The Volatility Gauge tracks meaning that one day won’t make or break its rank.

XAUT’s low volatility reading comes 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 favorably positioned going forward. With support around $1723.55 and resistance set at $1739.97. This positions Tether Gold with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency’s blockchain.

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