TERA (TERA) Falls 0.02%, Outperforms the Crypto Market Saturday

Saturday, May 06, 2023 07:53 PM | InvestorsObserver Analysts

TERA (TERA) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has fallen 2.26% to $0.0003775719594.

InvestorsObserver is giving TERA a 99 Volatility Rank. Find out what this means to you and get the rest of the rankings on TERA!
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Highly Volatile

InvestorsObserver gives TERA a high volatility rank of 99, placing it in the top 1% of cryptos on the market.

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. TERA's high volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.

TERA price is trading near resistance. With support near $0.000368412895253877 and resistance at $0.00037889341743199. This leaves TERA with potential selling pressures ahead as it may be getting over extended.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.

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