ChronoBase (TIK) Rises 0.36%, Underperforms the Crypto Market Monday

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Monday, November 6, 2023 16:32 | Analysts Observers Investors

ChronoBase (ONLY) has been relatively less volatile than the cryptocurrency market according to recent market analysis. So far on Monday, the cryptocurrency has risen 0.36% to $0.4009014608.

InvestorsObserver is giving ChronoBase a volatility rank of 10. Find out what this means for you and get the rest of the rankings on ChronoBase!

Low volatility

InvestorsObserver gives ChronoBase a low volatility rank of 10, placing it in the bottom 10% of cryptocurrencies on the market.

The volatility indicator tracks, which means that one day it will not define your volatility range, but a trend. TIK's low volatility reading comes with a low reading on the risk/reward indicator, meaning the token has relatively narrow price swings and is well protected from price manipulation.

ChronoBase price is well positioned going forward. With support around $0.395289068276266 and resistance around $0.403541241938452. This positions ChronoBase with room to run before facing selling pressures.

What is a token?

Tokens are digital assets that exist on the blockchain of another cryptocurrency.

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