TNC Coin (TNC) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the crypto has gained 2.17% to $0.1097736506.
Highly Volatile
InvestorsObserver gives TNC Coin a high volatility rank of 99, placing it in the top 1% of cryptos on the market.
The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility.
TNC's high volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.
TNC Coin price is trading above resistance. With support around $0.105666558149783 and resistance near $0.109631518724887. This leaves TNC Coin out of range and potentially in a volatile position if the rally burns out.
What is a Coin?
A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.
