Megacoin (MEC) gets a neutral rating from InvestorsObserver Wednesday. The crypto is up 4.03% to $0.001300142056 while the broader crypto market is up 4.94%.
Megacoin has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Megacoin!
Neutral
Over the last five days, Megacoin has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Megacoin over the past five days by volume and price movement.The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.
Price Levels
Megacoin is currently trading near its midpoint for the past five-days. The crypto is 8.46% off its five-day high and is 4.29% higher than its five-day low of $0.00124660891015083.Megacoin price is currently above resistance. With support set around $0.00123706418795414 and resistance at $0.001272122545707, Megacoin is 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 use for may vary from general use in the Digital Money sub-class to a more specific use in some other sub-classes.Due to a lack of data, this crypto may be less suitable for some investors.
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