MultiCoinCasino (MCC), Low Volatility but Rising Sunday: Is it Time to Cash Out?

Sunday, May 14, 2023 09:07 AM | InvestorsObserver Analysts

MultiCoinCasino (MCC) has been relatively less volatile compared to the crypto market. So far Sunday, the crypto has gained 0.01% to $0.0100660155.

InvestorsObserver is giving MultiCoinCasino a 1 Volatility Rank. Find out what this means to you and get the rest of the rankings on MultiCoinCasino!

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Low Volatility

InvestorsObserver gives MultiCoinCasino a low volatility rank of 1, placing it in the bottom 1% of cryptos on the market.

The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. MCC's low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.

MultiCoinCasino price is well positioned going forward. With support set at $0.0100604110217756 and resistance set at $0.0100707431144184. This positions MultiCoinCasino 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.