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TNC Coin (TNC) Down 0.31% Thursday: What's Next?

Thursday, September 15, 2022 03:06 PM | InvestorsObserver Analysts
TNC Coin (TNC) Down 0.31% Thursday: What's Next?

TNC Coin (TNC) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Thursday, the crypto has dropped 31.47% to $0.0005896996116.

volatility - 87
InvestorsObserver is giving TNC Coin a 87 Volatility Rank. Find out what this means to you and get the rest of the rankings on TNC Coin!

Highly Volatile

InvestorsObserver gives TNC Coin a high volatility rank of 87, placing it in the top 13% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. TNC'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.

TNC Coin price is in a good position going forward. With support set at $0.000502045994152742 and resistance set at $0.000721857854159044. This positions TNC Coin with room to run before facing selling pressures.

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.

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