The ChampCoin (TCC) Up 48.06% Tuesday: What's Next?

Tuesday, January 18, 2022 01:29 PM | InvestorsObserver Analysts

The ChampCoin (TCC) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the crypto has gained 48.06% to $0.01018914061.

InvestorsObserver is giving The ChampCoin a 93 Volatility Rank. Find out what this means to you and get the rest of the rankings on The ChampCoin!

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Highly Volatile

InvestorsObserver gives The ChampCoin a high volatility rank of 93, placing it in the top 7% of cryptos on the market.

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

The ChampCoin price is trading near resistance. With support at $0.00232417287352497 and resistance around $0.0126319752265793. This positions The ChampCoin with potential selling pressures ahead as it may be getting over extended.

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.