InvestorsObserver gives PAX Gold a low volatility rank of 3, placing it in the bottom 3% of cryptos on the market.
The Volatility Gauge tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility.
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 near resistance. With support near $1715.72 and resistance set at $1721.68. This leaves PAX Gold with potential selling pressures ahead as it may be getting over extended.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency's blockchain.
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