PAX Gold (PAXG) Daily Market Analysis 15 February 2026

PAX Gold (PAXG) Market Update

Current Price and Market Performance

PAX Gold is trading near its all-time high set on January 29, 2026 at $5,622.81, currently down 10.61% from that peak. The token is currently trading around $5,029.55 with a market capitalization of $2.31 billion, ranking 36th among cryptocurrencies.

Recent Trading Activity

The trading volume of PAX Gold (PAXG) is $61,706,463.77 in the last 24 hours, representing a 12.60% increase from one day ago and signalling a recent rise in market activity. Over the last week, PAX Gold has traded up 5.7% against the U.S. dollar.

Institutional Demand and Record Inflows

Paxos Gold (PAXG) posted a record inflow of $248 million in January, boosting its market cap to $2.2 billion. Gold surged past $5,000/oz on January 25 amid U.S.-EU trade tensions, triggering whale accumulation of PAXG, with three wallets withdrawing $14.33M of PAXG and Tether Gold from exchanges like Bybit and MEXC, driving PAXG's market cap to a record $2.08B on January 26.

Exchange Developments

MEXC launched PAXG perpetual contracts with 100x leverage on January 27, 2026, enhancing accessibility to tokenized precious metals. Additionally, PAXG's collateral ratio on Binance Portfolio Margin was lowered from 60% to 50% on January 20, 2026, allowing traders to use PAXG more efficiently as collateral for leveraged trading.

Regulatory Milestone

Paxos secured OCC oversight on December 15, 2025, becoming the only federally regulated gold token issuer. Paxos also eliminated network fees for transferring PAXG tokens on Ethereum in 2025.

DeFi Integration

PAXG gained exchange and DeFi traction, with Ourbit promoting PAXG in its futures carnival offering incentives, and the PAXG-USDC pool ranking in Uniswap's top 5 yield pools.

Market Outlook

Overall, PAX Gold is currently showing a bullish trend, with both the 50-day and 200-day moving averages trending bullish. However, Tether Gold (XAUT) dominates 60% of the $5.8B tokenized gold market, outpacing PAXG in liquidity and multi-chain accessibility, with XAUT's 24-hour volume ($850M) dwarfing PAXG's $495M.

PAX Gold (PAXG) Price Analysis

Current Price and 24-Hour Movement

PAX Gold is trading at $5,029.55, down 0.28% over the last 24 hours. This modest decline reflects relatively stable market conditions for the tokenized gold asset.

Market Metrics

• Market Capitalization: $2.31 billion
• 24-Hour Trading Volume: $70.1 million
• Available Supply: 459,010 PAXG tokens
• 1-Hour Change: +0.07%
• 7-Day Change: +0.63%

Analysis

The minimal 24-hour decline of 0.28% indicates PAXG is experiencing typical consolidation behavior. The positive 1-hour movement (+0.07%) suggests potential stabilization or recovery momentum within the current trading session. More significantly, the 7-day performance shows a 0.63% gain, indicating the asset has maintained an upward trajectory over the broader weekly timeframe despite today's slight pullback.

PAXG's low volatility score (2.21) reflects the inherent stability of gold-backed tokens, which track physical gold prices. The modest daily decline likely mirrors broader precious metals market dynamics rather than token-specific factors. The trading volume of $70.1 million demonstrates adequate liquidity for the asset class.

Market Sentiment Analysis: PAX Gold (PAXG)

Overall Sentiment Assessment

PAX Gold faces medium volatility, registering slightly bullish sentiment at 56, maintaining slightly bullish bias per recent market observations. The community is bullish about PAX Gold (PAXG) today. In the last 24 hours, across all social media platforms, PAX Gold has an average sentiment score of 4.7 out of 5, and on Twitter, people are mostly bullish about PAX Gold.

Price Performance Indicators

Current market data reflects mixed short-term signals with longer-term strength. The token is trading near $5,030, down approximately 10.6% from its all-time high of $5,622.81 reached on January 29, 2026. With a price increase of 2.70% in the last 7 days, PAX Gold (PAXG) is underperforming the global cryptocurrency market which is up 4.30%, while outperforming when compared to similar Stablecoins cryptocurrencies which are up 0.80%.

Trading Activity and Market Dynamics

The trading volume of PAX Gold (PAXG) is $61,706,463.77 in the last 24 hours, representing a 12.60% increase from one day ago and signalling a recent rise in market activity. PAXG Gains Exchange, DeFi Traction: Ourbit promoted PAXG in its futures carnival, offering incentives. The PAXG-USDC pool also ranks in Uniswap's top 5 yield pools, indicating rising exchange and DeFi activity.

Technical and Macro Pressures

PAXG's price trajectory faces mixed pressures from gold volatility, regulatory shifts, and competitive threats. Gold Price Volatility – Bullish macro trends clash with technical weakness, creating near-term uncertainty. PAXG's value is intrinsically tied to physical gold, which surged 100% YoY to ~$5,500/oz but faces pullbacks. Gold's rally is fueled by geopolitical tensions and inflation fears, yet technical indicators like RSI (36.86) signal oversold conditions.

Competitive Landscape

Tether Gold (XAUT) dominates 60% of the $5.8B tokenized gold market, outpacing PAXG in liquidity and multi-chain accessibility. XAUT's 24-hour volume ($850M) dwarfs PAXG's $495M, pressuring Paxos to innovate or lose share.

Community Engagement

During the last 24h, PAXG was mentioned 1 times on r/CryptoCurrency by a total of 2 different users. Community discussion remains limited, though sentiment where present is positive. PAX Gold is becoming less newsworthy, with 1 news articles published about PAX Gold.

Market Outlook

PAXG's medium-term outlook leans bullish if gold retains its haven status, but regulatory friction and Tether's dominance demand strategic pivots. Watch whether Paxos accelerates cross-chain integration to counter XAUT – a critical inflection point for investor allocation.

PAX Gold (PAXG) Technical Analysis

Current Price & Market Overview

PAXG reached its highest price on Jan 29, 2026 — it amounted to 5,650.86 USDT, with current trading near $5,030. PAX Gold price has risen by 2.06% over the last week, its month performance shows a 11.51% increase, and as for the last year, PAX Gold has increased by 73.94%.

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Key Support & Resistance Levels

Primary Levels (Daily Timeframe)

Resistance Levels:

• The first major resistance level for PAXG is at $4,236
• If PAXG closes above $4,236, it could rise to the next resistance level at $4,471
• Bullish macro drivers could push PAXG toward $5,800 if gold sustains momentum

Support Levels:

• PAX Gold (PAXG) is currently trading within a range of $4,075 to $4,236, with these levels serving as key support and resistance levels
• If the price falls below $4,075, we may see the price go even lower
• Weak technicals risk a drop to $4,300 support if sell-offs accelerate

Pivot Point Analysis

Based on today's classical pivot point (P1) with the value of $4,057.67, PAX Gold has support levels of $4,049.60, $4,033.44, and the strongest at $4,025.37. Similarly, PAX Gold resistance levels are at $4,073.83, $4,081.90, and $4,098.06.

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Technical Indicators

Relative Strength Index (RSI)

The 14-day Relative Strength Index (RSI) is currently at 67.97, suggesting Natural conditions so market is neither overbought nor oversold. However, PAXG's 7-day RSI hit 89.88 (above 70 = overbought), indicating recent overbought conditions on shorter timeframes.

Moving Averages

On the daily chart, exponential moving averages show a bullish signal. PAX Gold price currently sits above all 10,20,50,100, and 200-day EMAs. The 50-day moving average is sloping up and sits below the current price, which could act as support when the price moves near it again.

MACD

The MACD lines are close to the zero axis, indicating a neutral to bullish position. A crossover above the signal line, i.e., a new buying interest, can extend the upward movement to the $3,970 resistance zone in the near term.

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Chart Patterns & Market Structure

After a small retrace, PAXGUSDT continued growing reaching a new all-time high this month, January 2026. The ATH this month has less volume compared to October.

Traders likely took profits after PAXG's 27.84% 90-day rally, exacerbated by resistance at the $4,928 Fibonacci level.

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Trading Volume Analysis

PAX Gold fell 0.64% in the past 24h, diverging from its +8.39% weekly and +11.25% monthly uptrend. Key drivers include profit-taking after overbought signals, competition from new gold-linked derivatives, and a whale closing a $4.8M long position.

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Short-Term Outlook (Daily/Hourly)

From a total of 17 technical indicators, 12 calls to buy, and 1 to sell, the prediction sentiment short-term is bullish based on technical price analysis. However, such divergences often precede pullbacks given the extreme RSI readings.

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Medium-Term Outlook (Weekly)

PAXG's medium-term outlook leans bullish if gold retains its haven status, but regulatory friction and Tether's dominance demand strategic pivots. Watch whether Paxos accelerates cross-chain integration to counter XAUT – a critical inflection point for investor allocation.

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Critical Watch Levels

• $5,650: All-time high (January 2026)
• $5,000: Psychological support level
• $4,928: Fibonacci resistance
• $4,236-$4,471: Primary resistance zone
• $4,075: Critical support floor