Tether Gold (XAUt) has been relatively less volatile when compared to other cryptocurrencies. So far Saturday, the crypto has increased 0.07% to $2037.49.
The Volatility Gauge takes into account which means that one day won’t define its volatility rank – a trend will.
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 in a favorable position going forward. With support at $2024.97 and resistance at $2051.08. This leaves Tether Gold with room to run before facing selling pressures.