Toncoin (TON) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has fallen 1.65% to $1.42.
InvestorsObserver is giving Toncoin a 26 Volatility Rank. Find out what this means to you and get the rest of the rankings on Toncoin!
Moderately Volatile
InvestorsObserver gives Toncoin a moderate volatility rank of 26, placing it in the bottom 26% of cryptos on the market.The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. TON's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Toncoin price is well positioned going forward. With support set at $1.3 and resistance near $1.49. This positions Toncoin with room to run before facing selling pressures.