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Tether Gold (XAUT) Rises 0.43%, Outperforms the Crypto Market Sunday

Sunday, December 19, 2021 12:03 PM | InvestorsObserver Analysts
Tether Gold (XAUT) Rises 0.43%, Outperforms the Crypto Market Sunday

Tether Gold (XAUT) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has gained 0.43% to $1804.25.

volatility - 1
InvestorsObserver is giving Tether Gold a 1 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 1, placing it in the bottom 1% of cryptos on the market.

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. XAUT'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.

Tether Gold price is trading above resistance. With support around $1792 and resistance set at $1803.13. This leaves Tether Gold out of range and potentially in a volatile position if the rally burns out.

What is a Token?

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

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