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