InvestorsObserver gives Merebel a high volatility rank of 91, placing it in the top 9% of cryptos on the market.
The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will.
MERI's high volatility reading is coupled 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.
Merebel price is in a favorable position going forward. With support near $0.000239455407315909 and resistance near $0.000807058797979772. This positions Merebel 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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