What do the Short-Term Technicals Predict for TNC Coin (TNC) Thursday?

Thursday, January 20, 2022 06:45 PM | InvestorsObserver Analysts

InvestorsObserver gives TNC Coin a weak short-term technical score of 10 from its analysis. The proprietary scoring system considers the coin's trading history over the past month to determine the strength of its short-term technicals. TNC has currently traded better than 10% of coins based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions.

InvestorsObserver is giving TNC Coin a 10 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on TNC Coin!

See Full Report

Trading Analysis

TNC is currently $0.000226 (4.16%) above its 30-day low of $0.005421407 and -$0.010974 (-66.02%) below its 30-day high of $0.01662086. Additionally, TNC is under its average price of $0.010996741 over the past month of trading with its current price of $0.005647055. Overall, the recent trading history of TNC Coin suggest that traders are currently bearish on the coin. TNC has a relatively average market cap for a coin with a total market value of $33,041,950.45. The market valuation for TNC Coin is relatively average due to the largest 100 cryptos having a market cap above $1 billion and TNC sits underneath that mark but remains above $100 million in market capilization. TNC Coin's average volume meanwhile is average with $11,633,218.09 worth of the coin traded over a typical 24 hour period. The volume for TNC is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. As of the past 24 hours, TNC's volume is below its average with $1,630,082.33 exchanged.

Summary

TNC's recent trading over the past month give it a weak short-term technical score as its recent price movement give traders reason to be more bearish on the coin in the short-term. Click Here to get the full Report on TNC Coin (TNC).