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On Tuesday, Tether USDt (USDT) underperforms the cryptocurrency market and declines by 0%

  • 👤 Dr. Jennifer Callahan
  • 👁 1482
  • ⏰ Published: 2023-11-02 Time: 17:48:02
Table of Contents
  • Fei USD (FEI): How Risky is It Thursday?
  • USDJ (USDJ) Do the Risks Outweigh the Rewards Thursday?
  • Pax Dollar (USDP) Do the Risks Outweigh the Rewards Thursday?
  • STASIS EURO (EURS) Up 0.9% Thursday: What's Next?
  • BIDR (BIDR): Does it Score Poorly on Short-Term Trading Metrics Thursday?
  • Tether EURt (EURT): How Does the Chart Look Thursday?

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    Tether USDt (USDT) Falls 0%, Underperforms the Crypto Market Tuesday

    Tether USDt (USDT) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the Stablecoins has dropped 0.02% to $1.

    volatility - 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

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

    The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. USDT's low volatility reading is coupled 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 favorably positioned going forward. With support at $0.999409684648293 and resistance set at $1. This leaves Tether USDt with room to run before facing selling pressures.

    What is a Token?

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

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    Author: Dr. Jennifer Callahan

    Last Updated: 1698943682

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    Name: Dr. Jennifer Callahan

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    Introduction: My name is Dr. Jennifer Callahan, I am a bold, risk-taking, persistent, Gifted, unwavering, unswerving, resolved person who loves writing and wants to share my knowledge and understanding with you.