TripCandy (CANDY) Rises 0.01%, Underperforms the Crypto Market Friday

Friday, June 02, 2023 02:52 PM | InvestorsObserver Analysts

TripCandy (CANDY) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the crypto has added 0.01% to $0.001202249804.

InvestorsObserver is giving TripCandy a 1 Volatility Rank. Find out what this means to you and get the rest of the rankings on TripCandy!

Low Volatility

InvestorsObserver gives TripCandy a low volatility rank of 1, placing it in the bottom 1% 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. CANDY's low volatility reading comes 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.

TripCandy price is well positioned going forward. With support near $0.00120142948667662 and resistance set at $0.001202980371594. This leaves TripCandy 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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