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Transcodium (TNS) Down 0.59% Sunday: What's Next?

Sunday, February 06, 2022 06:51 AM | InvestorsObserver Analysts
Transcodium (TNS) Down 0.59% Sunday: What's Next?

Transcodium (TNS) has been relatively more volatile compared to the crypto market. So far Sunday, the crypto has dropped 58.7% to $0.006243868489.

volatility - 89
InvestorsObserver is giving Transcodium a 89 Volatility Rank. Find out what this means to you and get the rest of the rankings on Transcodium!

Highly Volatile

InvestorsObserver gives Transcodium a high volatility rank of 89, placing it in the top 11% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. TNS's high volatility reading pairs 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.

Transcodium price is favorably positioned going forward. With support around $0.000120144420598265 and resistance at $0.0114591054984523. This leaves Transcodium with room to run before facing selling pressures.

What is a Token?

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

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