TE-FOOD (TONE), Moderate Volatility and Falling Friday: Is it Time to Cash Out?

Friday, November 11, 2022 08:10 AM | InvestorsObserver Analysts

TE-FOOD (TONE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the crypto has lost 4.42% to $0.02657089307.

InvestorsObserver is giving TE-FOOD a 75 Volatility Rank. Find out what this means to you and get the rest of the rankings on TE-FOOD!

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Moderately Volatile

InvestorsObserver gives TE-FOOD a moderate volatility rank of 75, placing it in the top 25% of cryptos on the market.

The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. TONE's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

TE-FOOD price is in a favorable position going forward. With support set at $0.020397228753568 and resistance around $0.0306283418148768. This positions TE-FOOD with room to run before facing selling pressures.