Mind Music (MND) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has dropped 15.79% to $0.
Highly Volatile
InvestorsObserver gives Mind Music a high volatility rank of 97, placing it in the top 3% of cryptos on the market.
The Volatility Gauge follows which means that one day won’t define its volatility rank – a trend will.
MND’s high volatility reading pairs 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.
Mind Music price is in a favorable position going forward. With support near $2.40850230883125E-11 and resistance at $3.80870136275599E-11. This leaves Mind Music with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.