Tether (USDT) has been relatively less volatile compared to the crypto market. So far Sunday, the Stablecoins has added 0.01% to $1.
Low Volatility
InvestorsObserver gives Tether a low volatility rank of 1, placing it in the bottom 1% of cryptos on the market.
The Volatility Gauge analyzes meaning that one day won’t make or break its rank.
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 price With support set at $0.999922174062546 and resistance around $1. This positions Tether
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
This news is republished from another source. You can check the original article here