Tether USDt (USDT) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Thursday, the Stablecoins has added 0.04% to $0.999673182.
The Volatility Gauge takes into account this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
USDT’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 USDt price is trading near resistance. With support set at $0.998869931450004 and resistance around $0.999914502849693. This positions Tether USDt with potential selling pressures ahead as it may be getting over extended.