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

Saturday, April 16, 2022 04:00 PM | InvestorsObserver Analysts

MIB Coin (MIB) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the crypto has gained 37.13% to $0.002770691201.

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

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Moderately Volatile

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

The Volatility Gauge analyzes meaning that one day won't make or break its rank. MIB's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

MIB Coin price is trading near resistance. With support around $0.00123994609276974 and resistance around $0.00290117166406685. 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.