Myro (MYRO) Falls 0.2%, Underperforms the Crypto Market Monday

Myro (MYRO) Falls 0.2%, Underperforms the Crypto Market Monday

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Monday February 5, 2024 12:30 | Analysts Observers Investors

Myro (MYRO) falls 0.2% and underperforms the cryptocurrency market on Monday

I look (I LOOK) has been relatively more volatile than the cryptocurrency market according to recent market analysis. So far on Monday, the cryptocurrency has fallen 20.22% to $0.07135413826.

volatility - 89
InvestorsObserver is giving Myro an 89 volatility rank. Find out what this means for you and get the rest of the rankings on Myro!

Highly volatile

InvestorsObserver gives Myro a high volatility rank of 89, putting it in the top 11% of cryptocurrencies on the market.

The volatility indicator takes into account that this causes your score to be defined by recent trends, rather than a bad day. MYRO’s high volatility reading is combined with a low reading on the risk/reward indicator, meaning the token has relatively wide price swings and is well protected against price manipulation.

Myro price is in a good position going forward. With support around $0.0482081648197007 and resistance around $0.0815738912906479. This leaves Myro with room to run before facing selling pressures.

What is a token?

Tokens are digital assets that exist on the blockchain of another cryptocurrency.

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