Marinade (MNDE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Art, Collectibles and Non-Fungible Tokens has lost 7.02% to $0.04766803137.
![volatility - 64](https://i2.wp.com/s3.amazonaws.com/images.investorsobserver.com/ads/score-charts/bars/score-bar-chart-light-64.jpg?ssl=1)
Moderately Volatile
InvestorsObserver gives Marinade a moderate volatility rank of 64, placing it in the top 36% of cryptos on the market.
The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility.
MNDE's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
Marinade price is favorably positioned going forward. With support set at $0.0397838941399592 and resistance at $0.0513021452908057. This positions Marinade with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency's blockchain.