Tether Gold (XAUT), Low Volatility but Rising Saturday: Is it Time to Cash Out?

Saturday, July 16, 2022 12:19 PM | InvestorsObserver Analysts

Tether Gold (XAUT) has been relatively less volatile compared to the crypto market. So far Saturday, the crypto has gained 0.12% to $1713.64.

InvestorsObserver is giving Tether Gold a 3 Volatility Rank. Find out what this means to you and get the rest of the rankings on Tether Gold!

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Low Volatility

InvestorsObserver gives Tether Gold a low volatility rank of 3, placing it in the bottom 3% 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 $1704.54 and resistance around $1722.54. This positions Tether Gold with room to run before facing selling pressures.