Tether Gold receives a weak long-term technical score of 29 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 29% 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 -$57.3900000 (-3.37%) below its 100-day moving average price of $1,703.120000000 as its price at the moment sits at $1,645.730000000. Additionally, XAUT is $31.0500000 (101.24%) higher than its 52-week low price of $1,614.670000000 while -$430.39000000 (78.79%) 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 29. Long-term trading movement of Tether Gold suggest that investors are bearish on the token at the moment.
Tether Gold has a total market value of $405,711,260.12 with an average average daily volume of $708,808.77 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 $95,964.50 exchanged in total.
XAUT’s historical trading over the past year gives it a a weak long-term technical score of 29 as its price movement in that time has given investors reason to be bearish on the token in the long-term.
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