TagCoin (TAG) Rises 0.27%, Underperforms the Crypto Market Friday
Friday, June 02, 2023 10:31 AM | InvestorsObserver Analysts
TagCoin (TAG) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the crypto has gained 0.27% to $0.01643767862.
InvestorsObserver is giving TagCoin a 14 Volatility Rank. Find out what this means to you and get the rest of the rankings on TagCoin!
InvestorsObserver gives TagCoin a low volatility rank of 14, placing it in the bottom 14% of cryptos on the market.
The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will.
TAG's low volatility reading comes 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.
TagCoin price is favorably positioned going forward. With support at $0.0162310549491172 and resistance near $0.0166117721670394. This positions TagCoin with room to run before facing selling pressures.
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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