Mobile Crypto Pay Coin (MCPC), High Volatility and Rising Wednesday: Is it Time to Cash Out?

Wednesday, January 19, 2022 06:48 PM | InvestorsObserver Analysts

Mobile Crypto Pay Coin (MCPC) has been relatively more volatile when compared to other cryptocurrencies. So far Wednesday, the crypto has added 39% to $0.001298205908.

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 takes into account which means that one day won't define its volatility rank - a trend will. MCPC's high volatility reading is coupled 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 trading near resistance. With support set at $0.000747544429449462 and resistance at $0.00130502946600141. This leaves Mobile Crypto Pay Coin with potential selling pressures ahead as it may be getting over extended.

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.