Manna (MANNA), High Volatility and Falling Thursday: Is it Time to Cash Out?

Thursday, July 06, 2023 07:47 AM | InvestorsObserver Analysts

Manna (MANNA) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Thursday, the crypto has fallen 97.2% to $0.0005429071471.

InvestorsObserver is giving Manna a 99 Volatility Rank. Find out what this means to you and get the rest of the rankings on Manna!

See Full Report

Highly Volatile

InvestorsObserver gives Manna a high volatility rank of 99, placing it in the top 1% of cryptos on the market.

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

Manna price With support at $0.00611332157591111 and resistance around $0.00727246241608388. This positions Manna

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.