Tether USDt (USDT) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the Stablecoins has declined 0.03% to $0.999614084.
InvestorsObserver is giving Tether USDt a 1 Volatility Rank. Find out what this means to you and get the rest of the rankings on Tether USDt!
The Volatility Gauge follows 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 is coupled 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 in a favorable position going forward. With support set at $0.998629676897489 and resistance near $1. This positions Tether USDt with room to run before facing selling pressures.
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