TNC Coin (TNC), High Volatility and Rising Thursday: Is it Time to Cash Out?

Thursday, March 17, 2022 08:58 AM | InvestorsObserver Analysts

TNC Coin (TNC) has been relatively more volatile compared to the crypto market. So far Thursday, the crypto has added 100.92% to $0.001036104064.

InvestorsObserver is giving TNC Coin a 93 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 93, placing it in the top 7% 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 trading near resistance. With support set at $0.000151352890760016 and resistance near $0.0012292559179406. This positions TNC Coin 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.