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

Tether USDt (USDT) has been relatively less volatile compared to the crypto market. So far Sunday, the Stablecoins has increased 0% 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!

Low Volatility

InvestorsObserver gives Tether USDt a low volatility rank of 1, placing it in the bottom 1% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day.

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 USDt price is trading near resistance. With support at $0.999793887138367 and resistance at $1. This positions Tether USDt with potential selling pressures ahead as it may be getting over extended.

What is a Token?

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