MIB Coin (MIB), High Volatility and Rising Friday: Is it Time to Cash Out?

Friday, April 22, 2022 11:31 AM | InvestorsObserver Analysts

MIB Coin (MIB) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Friday, the crypto has gained 23.62% to $0.002720504951.

InvestorsObserver is giving MIB Coin a 79 Volatility Rank. Find out what this means to you and get the rest of the rankings on MIB Coin!

See Full Report

Highly Volatile

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

The Volatility Gauge analyzes meaning that one day won't make or break its rank. MIB's high volatility reading pairs 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.

MIB Coin price is trading near resistance. With support near $0.00142026097774199 and resistance set at $0.00299107934143087. This leaves MIB Coin with potential selling pressures ahead as it may be getting over extended.

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.