Toncoin (TON) has been relatively less volatile when compared to other cryptocurrencies. So far Sunday, the crypto has gained 4.37% to $1.94.
InvestorsObserver is giving Toncoin a 16 Volatility Rank. Find out what this means to you and get the rest of the rankings on Toncoin!
Low Volatility
InvestorsObserver gives Toncoin a low volatility rank of 16, placing it in the bottom 16% of cryptos on the market.The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. TON's low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
Toncoin price is trading above resistance. With support at $1.84 and resistance set at $1.88. This positions Toncoin out of range and potentially in a volatile position if the rally burns out.