MUNT (MUNT) Falls 0%, Underperforms the Crypto Market Sunday

Sunday, August 13, 2023 06:40 AM | InvestorsObserver Analysts

MUNT (MUNT) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has lost 0.03% to $0.0006616636242.

InvestorsObserver is giving MUNT a 85 Volatility Rank. Find out what this means to you and get the rest of the rankings on MUNT!
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Highly Volatile

InvestorsObserver gives MUNT a high volatility rank of 85, placing it in the top 15% 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 $0.000660465946504399 and resistance near $0.000662735055749789. 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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