Mainstream For The Underground (MFTU) Falls 0.39%, Underperforms the Crypto Market Wednesday

Wednesday, November 16, 2022 08:39 AM | InvestorsObserver Analysts

Mainstream For The Underground (MFTU) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the crypto has dropped 39.27% to $0.

InvestorsObserver is giving Mainstream For The Underground a 97 Volatility Rank. Find out what this means to you and get the rest of the rankings on Mainstream For The Underground!

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Highly Volatile

InvestorsObserver gives Mainstream For The Underground a high volatility rank of 97, placing it in the top 3% of cryptos on the market.

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

Mainstream For The Underground price is favorably positioned going forward. With support set at $7.58690912524139E-17 and resistance near $7.7244905533031E-16. This leaves Mainstream For The Underground with room to run before facing selling pressures.