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.
Low VolatilityInvestorsObserver 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.