Megacoin (MEC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the crypto has fallen 0.18% to $0.002028688766.
InvestorsObserver is giving Megacoin a 30 Volatility Rank. Find out what this means to you and get the rest of the rankings on Megacoin!
Moderately Volatile
InvestorsObserver gives Megacoin a moderate volatility rank of 30, placing it in the bottom 30% of cryptos on the market.The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. MEC's moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Megacoin price is in a favorable position going forward. With support at $0.00197278761155647 and resistance near $0.00208284549265844. This positions Megacoin with room to run before facing selling pressures.