Perth Mint Gold Token (PMGT) Rises 2.35%, Underperforms the Crypto Market Tuesday

Tuesday, October 04, 2022 06:38 PM | InvestorsObserver Analysts

Perth Mint Gold Token (PMGT) has been relatively less volatile compared to the crypto market. So far Tuesday, the crypto has added 2.35% to $1729.99.

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

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Low Volatility

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

The Volatility Gauge takes into account meaning that one day won't make or break its rank. PMGT'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.

Perth Mint Gold Token price is trading above resistance. With support near $1670.86 and resistance set at $1702.56. This positions Perth Mint Gold Token out of range and potentially in a volatile position if the rally burns out.