Metaverse VR (MEVR), Moderate Volatility and Falling Wednesday: Is it Time to Cash Out?

Wednesday, September 27, 2023 06:16 PM | InvestorsObserver Analysts

Metaverse VR (MEVR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the crypto has declined 14.74% to $0.004827420675.

InvestorsObserver is giving Metaverse VR a 72 Volatility Rank. Find out what this means to you and get the rest of the rankings on Metaverse VR!

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Moderately Volatile

InvestorsObserver gives Metaverse VR a moderate volatility rank of 72, placing it in the top 28% of cryptos on the market.

The Volatility Gauge tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. MEVR's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Metaverse VR price is trading near resistance. With support at $0.00385424255699898 and resistance near $0.00512505269915844. This leaves Metaverse VR with potential selling pressures ahead as it may be getting over extended.