Metacraft (MCT) Falls 0.32%, Underperforms the Crypto Market Saturday

Saturday, October 01, 2022 12:06 PM | InvestorsObserver Analysts

Metacraft (MCT) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has fallen 32.49% to $0.6962382095.

InvestorsObserver is giving Metacraft a 88 Volatility Rank. Find out what this means to you and get the rest of the rankings on Metacraft!

See Full Report

Highly Volatile

InvestorsObserver gives Metacraft a high volatility rank of 88, placing it in the top 12% of cryptos on the market.

The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. MCT's high volatility reading comes 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.

Metacraft price is in a good position going forward. With support near $0.433427623237577 and resistance near $0.842534056629148. This positions Metacraft with room to run before facing selling pressures.