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Minereum (MNE) Falls 0.43%, Underperforms the Crypto Market Sunday

Sunday, January 30, 2022 11:06 AM | InvestorsObserver Analysts
Minereum (MNE) Falls 0.43%, Underperforms the Crypto Market Sunday

Minereum (MNE) has been relatively more volatile when compared to other cryptocurrencies. So far Sunday, the crypto has lost 42.52% to $0.05894806994.

volatility - 85
InvestorsObserver is giving Minereum a 85 Volatility Rank. Find out what this means to you and get the rest of the rankings on Minereum!

Highly Volatile

InvestorsObserver gives Minereum a high volatility rank of 85, placing it in the top 15% of cryptos on the market.

The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. MNE'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.

Minereum price is well positioned going forward. With support at $0.025147269418824 and resistance at $0.080605010440934. This positions Minereum 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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