Minereum (MNE) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the crypto has declined 45.52% to $0.1444212061.
InvestorsObserver is giving Minereum a 80 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 80, placing it in the top 20% of cryptos on the market.The Volatility Gauge analyzes meaning that one day won't make or break its rank. MNE's high volatility reading pairs 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 in a favorable position going forward. With support set at $0.0576766408692334 and resistance around $0.217089665652368. This positions Minereum with room to run before facing selling pressures.
