Tether Gold receives a strong long-term technical score of 88 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token’s consistency, volatility, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.
Currently, XAUT holds a superior long-term technical analysis score than 88% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover tokens that have bottomed out.
Trading Analysis
The current trading price of $1,977.110000000 for XAUT is $32.6100000 (1.68%) above the tokens 100-day moving average of $1,944.500000000. XAUT meanwhile is $362.4400000 (121.77%) above its 52-week low of $1,614.670000000 and -$74.54000000 (95.88%) under its 52-week high price of $2,051.650000000. Tether Gold’s current price relative to the tokens long-term average and 52-week high and low, gives the crypto a strong long-term technical score of 88. The price movement and range of XAUT suggest that investors are neutral on the token at this time.
Tether Gold has a total market value of $487,405,997.70 with an average average daily volume of $48,819,697.31 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, XAUT’s volume is below its average with $6,872,719.35 exchanged in total.
Summary
Technical analysis of Tether Gold over the past year results in the crypto receiving a a strong long-term technical score of 88 as its price movement in that time has given traders reason to be neutral on the token in the long-term.
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