MIB Coin (MIB) drops 0.23% and underperforms the crypto market on Saturday

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MIB Coin (MIB) has been relatively more volatile compared to other cryptocurrencies. So far on Saturday, the crypto is down 22.96% at $0.000500037588.

InvestorsObserver gives MIB Coin a volatility rating of 78. Find out what this means for you and get the rest of the rating on MIB Coin!

Very volatile

InvestorsObserver gives MIB Coin a high volatility ranking of 78, placing it in the top 22% of cryptos in the market.

The Volatility Gauge analysis makes its score defined by recent trends, rather than a bad day. MIB’s high volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning the coin has relatively large price swings and is well protected against price manipulation.

MIB Coin price is in a good position for the future. With support around 0.000368765291153972 and resistance at 0.000546822758718913. This gives MIB Coin room to maneuver before facing selling pressures.

What is a room?

A coin is a cryptocurrency that exists on its own blockchain. these are usually used for payments. Depending on the cryptocurrency, the use of these payments can vary from general use in the digital currency subclass to more specific uses in certain other subclasses.

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