Tellor (TRB), Moderate Volatility and Rising Wednesday: Is it Time to Cash Out?

Wednesday, June 29, 2022 12:24 PM | InvestorsObserver Analysts

Tellor (TRB) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Decentralized Finance has added 2.63% to $11.28.

InvestorsObserver is giving Tellor a 68 Volatility Rank. Find out what this means to you and get the rest of the rankings on Tellor!

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Moderately Volatile

InvestorsObserver gives Tellor a moderate volatility rank of 68, placing it in the top 32% of cryptos on the market.

The Volatility Gauge tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. TRB's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Tellor price is trading near resistance. With support at $10.49 and resistance at $11.47. This leaves Tellor with potential selling pressures ahead as it may be getting over extended.