MUNT (MUNT) Falls 0.49%, Underperforms the Crypto Market Tuesday

Tuesday, June 13, 2023 08:35 AM | InvestorsObserver Analysts

MUNT (MUNT) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the crypto has dropped 49.48% to $0.0002621059064.

InvestorsObserver is giving MUNT a 88 Volatility Rank. Find out what this means to you and get the rest of the rankings on MUNT!

Highly Volatile

InvestorsObserver gives MUNT a high volatility rank of 88, placing it in the top 12% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. MUNT'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.

MUNT price is favorably positioned going forward. With support around $0.000114876057690463 and resistance around $0.000377992467459745. This leaves MUNT with room to run before facing selling pressures.

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.

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