MicroBitcoin (MBC) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the Digital Money has increased 59.85% to $0.000007995889821.
InvestorsObserver is giving MicroBitcoin a 87 Volatility Rank. Find out what this means to you and get the rest of the rankings on MicroBitcoin!
Highly Volatile
InvestorsObserver gives MicroBitcoin a high volatility rank of 87, placing it in the top 13% of cryptos on the market.The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. MBC's high volatility reading comes 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.
MicroBitcoin price is trading near resistance. With support at $0.00000290016383718071 and resistance set at $0.00000920538001213176. This leaves MicroBitcoin with potential selling pressures ahead as it may be getting over extended.