TNC Coin (TNC) Rises 28.67%, Outperforms the Crypto Market Monday

Monday, September 05, 2022 01:32 PM | InvestorsObserver Analysts

TNC Coin (TNC) has been relatively more volatile when compared to other cryptocurrencies. So far Monday, the crypto has increased 28.67% to $0.001313773285.

InvestorsObserver is giving TNC Coin a 89 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 89, placing it in the top 11% of cryptos on the market.

The Volatility Gauge analyzes meaning that one day won't make or break its rank. 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 trading above resistance. With support near $0.000944055987175684 and resistance near $0.00110970882012336. This positions TNC Coin out of range and potentially in a volatile position if the rally burns out.

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.