MUNT (MUNT) Rises 99.92%, Outperforms the Crypto Market Saturday

Saturday, June 03, 2023 03:22 PM | InvestorsObserver Analysts

MUNT (MUNT) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has advanced 99.92% to $0.0005432390692.

InvestorsObserver is giving MUNT a 87 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 87, placing it in the top 13% of cryptos on the market.

The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. MUNT's high volatility reading pairs 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 trading above resistance. With support around $0.000178724638887011 and resistance at $0.000455256924966612. This leaves MUNT out of range and potentially in a volatile position if the rally burns out.

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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