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Tendies (TEND) Falls 0.63%, Underperforms the Crypto Market Saturday

Saturday, May 07, 2022 02:55 PM | InvestorsObserver Analysts
Tendies (TEND) Falls 0.63%, Underperforms the Crypto Market Saturday

Tendies (TEND) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has dropped 62.83% to $0.005999944605.

volatility - 83
InvestorsObserver is giving Tendies a 83 Volatility Rank. Find out what this means to you and get the rest of the rankings on Tendies!

Highly Volatile

InvestorsObserver gives Tendies a high volatility rank of 83, placing it in the top 17% of cryptos on the market.

The Volatility Gauge analyzes meaning that one day won't make or break its rank. TEND's high volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.

Tendies price is well positioned going forward. With support near $0.00286881180284921 and resistance around $0.0103214925321788. This positions Tendies 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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