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TrueDeck (TDP) Falls 0.34%, Underperforms the Crypto Market Saturday

Saturday, January 29, 2022 11:41 AM | InvestorsObserver Analysts
TrueDeck (TDP) Falls 0.34%, Underperforms the Crypto Market Saturday

TrueDeck (TDP) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the Gaming has dropped 33.62% to $0.001374915837.

volatility - 93
InvestorsObserver is giving TrueDeck a 93 Volatility Rank. Find out what this means to you and get the rest of the rankings on TrueDeck!

Highly Volatile

InvestorsObserver gives TrueDeck a high volatility rank of 93, placing it in the top 7% of cryptos on the market.

The Volatility Gauge tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. TDP'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.

TrueDeck price is well positioned going forward. With support set at $0.00076937491984461 and resistance around $0.00168737399370764. This leaves TrueDeck 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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