MU DANK (DANK) Rises 0.27%, Underperforms the Crypto Market Monday

Monday, December 27, 2021 06:51 AM | InvestorsObserver Analysts

MU DANK (DANK) has been relatively more volatile when compared to other cryptocurrencies. So far Monday, the Art, Collectibles and Non-Fungible Tokens has added 0.27% to $0.001883782868.

InvestorsObserver is giving MU DANK a 76 Volatility Rank. Find out what this means to you and get the rest of the rankings on MU DANK!

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Highly Volatile

InvestorsObserver gives MU DANK a high volatility rank of 76, placing it in the top 24% 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. DANK's high volatility reading is paired 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.

MU DANK price is in a good position going forward. With support around $0.00186070485664096 and resistance around $0.00190392858506676. This positions MU DANK with room to run before facing selling pressures.