TNC Coin (TNC) has been relatively more volatile compared to the cryptocurrency market. So far on Saturday, the cryptocurrency has added 1,829.93% to $0.06358807557.
Highly volatile
InvestorsObserver gives TNC Coin a high volatility rank of 95, putting it in the top 5% of cryptocurrencies on the market.
The volatility indicator takes into account that this causes your score to be defined by recent trends, rather than a bad day. TNC's high volatility reading is combined with a low reading on the risk/reward indicator, meaning the coin has relatively wide price swings and is well protected against price manipulation.
TNC Coin price is trading above the resistance. With support near $-0.0158933166165216 and resistance set at $0.0403318602841036. This leaves TNC Coin out of range and potentially in a volatile position if the rally peters out.
What is a coin?
A coin is a cryptocurrency that exists on its own blockchain. These are normally used for payments. Depending on the cryptocurrency, the use of those payments can vary from general use in the Digital Money subclass to more specific uses in some other subclasses.
