PAX Gold (PAXG) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the crypto has increased 0.55% to $1841.43.
InvestorsObserver is giving PAX Gold a 5 Volatility Rank. Find out what this means to you and get the rest of the rankings on PAX Gold!
The Volatility Gauge follows this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
PAXG’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.
PAX Gold price is trading above resistance. With support around $1827.14 and resistance near $1837.16. This leaves PAX Gold out of range and potentially in a volatile position if the rally burns out.
