Tectonic (TONIC), Low Volatility but Falling Wednesday: Is it Time to Cash Out?

Wednesday, June 29, 2022 06:26 PM | InvestorsObserver Analysts

Tectonic (TONIC) has been relatively less volatile compared to the crypto market. So far Wednesday, the crypto has lost 4.81% to $0.0000001643840836.

InvestorsObserver is giving Tectonic a 21 Volatility Rank. Find out what this means to you and get the rest of the rankings on Tectonic!

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Low Volatility

InvestorsObserver gives Tectonic a low volatility rank of 21, placing it in the bottom 21% of cryptos on the market.

The Volatility Gauge follows meaning that one day won't make or break its rank. TONIC'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.

Tectonic price is in a good position going forward. With support set at $0.000000158875647371015 and resistance set at $0.00000016732338943245. This positions Tectonic with room to run before facing selling pressures.