Tokes (TKS) Falls 0%, Outperforms the Crypto Market Monday

Monday, June 05, 2023 07:31 AM | InvestorsObserver Analysts

Tokes (TKS) has been relatively less volatile when compared to other cryptocurrencies. So far Monday, the Payment Tokens has declined 0.02% to $0.003165352222.

InvestorsObserver is giving Tokes a 2 Volatility Rank. Find out what this means to you and get the rest of the rankings on Tokes!

Low Volatility

InvestorsObserver gives Tokes a low volatility rank of 2, placing it in the bottom 2% 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. TKS's low volatility reading pairs 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.

Tokes price is favorably positioned going forward. With support near $0.00316393271406355 and resistance at $0.00316628150959673. This leaves Tokes with room to run before facing selling pressures.

What is a Token?

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

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