Mcchain (MAR) has been relatively more volatile compared to the crypto market. So far on Tuesday, the cryptocurrency gained 60.46% to $0.0005557817502.
Investors Mchain gives it a high volatility rating of 96, which puts it in the top 4% of the cryptocurrency in the market.
The volatility meter takes into account which means that one day it will not determine the order of volatility – it will determine the trend. Highly volatile MAR reading pairs with a low reading on the risk/reward scale, which means that the currency has relatively wide price swings and is well protected from price manipulation.
Mchain price is trading above the resistance level. With support near 0.000236220376939269 and resistance around $0.000502554244269373. This puts Mchain out of range and potentially in choppy mode if the rally stops.
What is the currency?
A coin is a cryptocurrency that resides in its own blockchain. These are commonly used for payments. Depending on the cryptocurrency, the use of these payments may vary from general use in the digital money sub-category to more specific uses in some other sub-category.