Myriad (XMY) has been relatively more volatile when compared to other cryptocurrencies. So far Wednesday, the crypto has fallen 49.98% to $0.00001000437309.
Highly Volatile
InvestorsObserver gives Myriad a high volatility rank of 92, placing it in the top 8% of cryptos on the market.
The Volatility Gauge tracks meaning that one day won’t make or break its rank.
XMY’s high volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.
Myriad price is in a favorable position going forward. With support set at $0.00000410871806373851 and resistance at $0.0000151232800693231. This leaves Myriad 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.