TNC Coin (TNC) Down 0.4% Thursday: What's Next?

Thursday, March 10, 2022 02:01 PM | InvestorsObserver Analysts

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 fallen 39.91% to $0.0005137944784.

InvestorsObserver is giving TNC Coin a 91 Volatility Rank. Find out what this means to you and get the rest of the rankings on TNC Coin!

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Highly Volatile

InvestorsObserver gives TNC Coin a high volatility rank of 91, placing it in the top 9% of cryptos on the market.

The Volatility Gauge tracks meaning that one day won't make or break its rank. TNC's high volatility reading is coupled 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 favorably positioned going forward. With support at $0.000277789543168817 and resistance around $0.000711636967743013. This leaves 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.