Tether Gold receives a strong long-term technical score of 88 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.
XAUT currently holds a superior long-term technical analysis score than 88% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to ‘buy the dip’.
Trading Analysis
The current trading price of $1,990.780000000 for XAUT is $152.5400000 (8.30%) above the tokens 100-day moving average of $1,838.240000000. XAUT meanwhile is $315.3000000 (118.16%) above its 52-week low of $1,675.480000000 and -$85.33000000 (95.41%) under its 52-week high price of $2,076.110000000. 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 $210,125,192.00 with an average average daily volume of $22,921,163.90 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 $1,902,827.13 exchanged in total.
Summary
XAUT’s historical trading over the past year gives it a a strong long-term technical score of 88 as its price movement in that time has given investors reason to be neutral on the token in the long-term.
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