Myriad (XMY) Falls 0.67%, Underperforms the Crypto Market Sunday

Sunday, March 19, 2023 06:11 AM | InvestorsObserver Analysts

Myriad (XMY) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the crypto has dropped 67.48% to $0.0001112901577.

InvestorsObserver is giving Myriad a 73 Volatility Rank. Find out what this means to you and get the rest of the rankings on Myriad!

Moderately Volatile

InvestorsObserver gives Myriad a moderate volatility rank of 73, placing it in the top 27% of cryptos on the market.

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. XMY's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

Myriad price is well positioned going forward. With support around $-0.00000910014858379387 and resistance around $0.000242346920292793. This leaves Myriad 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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