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TokenPocket (TPT) Rises 8.81%, Outperforms the Crypto Market Tuesday

Tuesday, February 08, 2022 08:03 AM | InvestorsObserver Analysts
TokenPocket (TPT) Rises 8.81%, Outperforms the Crypto Market Tuesday

TokenPocket (TPT) has been relatively more volatile compared to the crypto market. So far Tuesday, the crypto has advanced 8.81% to $0.01956930927.

volatility - 98
InvestorsObserver is giving TokenPocket a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on TokenPocket!

Highly Volatile

InvestorsObserver gives TokenPocket a high volatility rank of 98, placing it in the top 2% of cryptos on the market.

The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. TPT's high volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.

TokenPocket price is trading above resistance. With support near $0.0175528065028467 and resistance set at $0.0186332114699164. This leaves TokenPocket out of range and potentially in a volatile position if the rally burns out.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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