
MIB Coin (MIB) has experienced a low level of volatility relative to other cryptocurrencies. On Sunday, the digital currency’s value rose by 22.68%, reaching $0.0006379524295.
Relatively Stable
Investors Observer Gives MIB Coin a volatility range of between 74 and 26%, placing it among the most stable digital currencies in the market.
The volatility meter shows what this means for investors. MIB’s low-to-moderate volatility reading, along with a relatively low risk/reward indicator score, suggests that the asset is well-insulated from market manipulation.
MIB Coin is pushing against resistance. The current support level stands at $0.000479980470901201, with resistance levels at $0.000600042677307347. This puts MIB Coin out of its comfort zone, and could lead to a volatile situation if the rally fails to maintain its momentum.
What is a Coin?
A coin is a type of cryptocurrency that is stored on its own blockchain. This digital asset can be used to purchase goods and services, and for a variety of other purposes, including in the broader class of digital currency and in specific subclasses.
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