The Golden Midas Touch (TMTG) has been relatively average in terms of volatility compared to other cryptocurrencies. So far on Saturday, the cryptocurrency has added 29.54% to $0.00006305641151.
![volatility - 74](https://i3.wp.com/s3.amazonaws.com/images.investorsobserver.com/ads/score-charts/bars/score-bar-chart-light-74.jpg?ssl=1)
moderately volatile
InvestorsObserver gives The Midas Touch Gold a moderate volatility range of 74, putting it in the top 26% of cryptos on the market.
The volatility indicator takes into account which means that a day will not define your volatility range, a trend will. TMTG's moderate volatility reading is combined with a low reading on the risk/reward indicator, which means that the token has moderate price fluctuations and is well protected against price manipulation.
Midas Touch Gold price is trading near resistance. With support at $0.000035298381338314 and resistance around $0.0000718535818333726. This leaves The Midas Touch Gold with potential selling pressure ahead as it may be stretching itself too far.
What is a token?
Tokens are digital assets that exist on the blockchain of another cryptocurrency.