Megacoin (MEC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has advanced 4.07% to $0.001441106469.
InvestorsObserver is giving Megacoin a 30 Volatility Rank. Find out what this means to you and get the rest of the rankings on Megacoin!
Moderately Volatile
InvestorsObserver gives Megacoin a moderate volatility rank of 30, placing it in the bottom 30% of cryptos on the market.The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. MEC's moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Megacoin price is well positioned going forward. With support at $0.0011269160196563 and resistance near $0.00189458251692408. This leaves Megacoin with room to run before facing selling pressures.