Mobile Crypto Pay Coin (MCPC) Down 0.38% Friday: What's Next?

Friday, August 19, 2022 04:40 PM | InvestorsObserver Analysts

Mobile Crypto Pay Coin (MCPC) has been relatively more volatile compared to the crypto market. So far Friday, the crypto has declined 38.02% to $0.0003192041892.

InvestorsObserver is giving Mobile Crypto Pay Coin a 86 Volatility Rank. Find out what this means to you and get the rest of the rankings on Mobile Crypto Pay Coin!

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Highly Volatile

InvestorsObserver gives Mobile Crypto Pay Coin a high volatility rank of 86, placing it in the top 14% of cryptos on the market.

The Volatility Gauge follows meaning that one day won't make or break its rank. MCPC's high volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.

Mobile Crypto Pay Coin price is favorably positioned going forward. With support set at $0.000199572328914618 and resistance at $0.000389236229442721. This positions Mobile Crypto Pay Coin with room to run before facing selling pressures.

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.