SafeMoon (SAFEMOON) Rises 2.06%, Outperforms the Crypto Market Thursday

SafeMoon (SAFEMOON) has been relatively more volatile compared to the crypto market. So far Thursday, the crypto has added 2.06% to $0.000000005752685928.

InvestorsObserver is giving SafeMoon a 99 Volatility Rank. Find out what this means to you and get the rest of the rankings on SafeMoon!

Highly Volatile

InvestorsObserver gives SafeMoon a high volatility rank of 99, placing it in the top 1% of cryptos on the market.

The Volatility Gauge tracks which means that one day won’t define its volatility rank – a trend will.

SAFEMOON’s high volatility reading is paired 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.

SafeMoon price is trading near resistance. With support around $0.00000000543760251097993 and resistance at $0.00000000580922968445876. This leaves SafeMoon with potential selling pressures ahead as it may be getting over extended.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency’s blockchain.

Stay In The Know

Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.

Thank you for signing up! You’re all set to receive the Morning Update newsletter

This news is republished from another source. You can check the original article here.

Be the first to comment

Leave a Reply

Your email address will not be published.


*