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Mirrored Netflix (mNFLX) Down 0% Sunday: What's Next?

Sunday, January 16, 2022 06:32 AM | InvestorsObserver Analysts
Mirrored Netflix (mNFLX) Down 0% Sunday: What's Next?

Mirrored Netflix (mNFLX) has been relatively less volatile compared to the crypto market. So far Sunday, the Wrapped Tokens has dropped 0.37% to $535.41.

volatility - 2
InvestorsObserver is giving Mirrored Netflix a 2 Volatility Rank. Find out what this means to you and get the rest of the rankings on Mirrored Netflix!

Low Volatility

InvestorsObserver gives Mirrored Netflix a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.

The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. mNFLX's low volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.

Mirrored Netflix price is well positioned going forward. With support around $531.59 and resistance set at $538.51. This leaves Mirrored Netflix 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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