Megacoin (MEC) has been relatively less volatile compared to the crypto market. So far Sunday, the crypto has lost 3.06% to $0.001425706944.
InvestorsObserver is giving Megacoin a 23 Volatility Rank. Find out what this means to you and get the rest of the rankings on Megacoin!
Low Volatility
InvestorsObserver gives Megacoin a low volatility rank of 23, placing it in the bottom 23% 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. MEC's low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
Megacoin price is trading near resistance. With support at $0.00137401921991069 and resistance at $0.0014335434216987. This positions Megacoin with potential selling pressures ahead as it may be getting over extended.