Tether Gold receives a weak long-term technical score of 10 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 10% 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.
Tether Gold’s price is $45.8300000 (2.44%) above its 100-day moving average price of $1,876.560000000 as its price at the moment sits at $1,922.400000000. Additionally, XAUT is $226.0200000 (112.68%) higher than its 52-week low price of $1,696.380000000 while -$153.72000000 (92.11%) under its 52-week high of $2,076.110000000. The current trading price in relation to its long-term average along with its 52-week high and low, gives XAUT an average long-term technical score of 10. Long-term trading movement of Tether Gold suggest that investors are bearish on the token at the moment.
Tether Gold has a market capitalization of $202,907,339.88 and a relatively average average daily volume with $13,926,452.92 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, XAUT’s volume is below its seven day average with 2,222,755.37 exchanged.
Technical analysis of Tether Gold over the past year results in the crypto receiving a a weak long-term technical score of 10 as its price movement in that time has given traders reason to be bearish on the token in the long-term.
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