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Metaverse Capital (MVC) Down 0.42% Thursday: What's Next?

Thursday, February 03, 2022 06:15 AM | InvestorsObserver Analysts
Metaverse Capital (MVC) Down 0.42% Thursday: What's Next?

Metaverse Capital (MVC) has been relatively more volatile when compared to other cryptocurrencies. So far Thursday, the crypto has dropped 41.59% to $0.0004113150485.

volatility - 79
InvestorsObserver is giving Metaverse Capital a 79 Volatility Rank. Find out what this means to you and get the rest of the rankings on Metaverse Capital!

Highly Volatile

InvestorsObserver gives Metaverse Capital a high volatility rank of 79, placing it in the top 21% of cryptos on the market.

The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. MVC's high volatility reading is coupled 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.

Metaverse Capital price is in a favorable position going forward. With support set at $0.000234029184387783 and resistance set at $0.000528620804719413. This leaves Metaverse Capital with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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