Multichain (MULTI) has been relatively more volatile compared to the crypto market. So far Sunday, the crypto has fallen 17.77% to $1.94.
InvestorsObserver is giving Multichain a 83 Volatility Rank. Find out what this means to you and get the rest of the rankings on Multichain!
Highly VolatileInvestorsObserver gives Multichain a high volatility rank of 83, placing it in the top 17% of cryptos on the market.
The Volatility Gauge follows meaning that one day won't make or break its rank. MULTI's high volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.
Multichain price is in a favorable position going forward. With support at $1.66 and resistance around $2.06. This positions Multichain with room to run before facing selling pressures.