Tether USDt (USDT) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the Stablecoins has dropped 0.02% to $1.
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 tracks this makes its score defined by recent trends, rather than a bad day.
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 favorably positioned going forward. With support at $0.999409684648293 and resistance set at $1. This leaves Tether USDt with room to run before facing selling pressures.
This news is republished from another source. You can check the original article here