PAX Gold (PAXG) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has lost 1.25% to $1861.31.
InvestorsObserver is giving PAX Gold a 2 Volatility Rank. Find out what this means to you and get the rest of the rankings on PAX Gold!
Low Volatility
InvestorsObserver gives PAX Gold a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. PAXG'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.
PAX Gold price is trading above resistance. With support near $1851.1 and resistance near $1857.4. This leaves PAX Gold out of range and potentially in a volatile position if the rally burns out.
