Tether (USDT) Remains Neutral%, Underperforms the Crypto Market Sunday

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Sunday, February 19, 2023 06:08 AM | InvestorsObserver Analysts

Tether (USDT) Remains Neutral%, Underperforms the Crypto Market Sunday

Tether (USDT) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Sunday, the Stablecoins has lost 0% to $1.

volatility - 1
InvestorsObserver is giving Tether a 1 Volatility Rank. Find out what this means to you and get the rest of the rankings on Tether!

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 follows meaning that one day won’t make or break its rank.

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 price With support set at $0.999986688296 and resistance around $1. This positions Tether

What is a Token?

Tokens are digital assets that exist on another cryptocurrency’s blockchain.

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