SafeMoon (SAFEMOON) Rises 4.87%, Outperforms the Crypto Market Friday

SafeMoon (SAFEMOON) has been relatively more volatile when compared to other cryptocurrencies. So far Friday, the crypto has advanced 4.87% to $0.000000003916349077.

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 follows this makes its score defined by recent trends, rather than a bad day.

SAFEMOON’s high volatility reading pairs 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 favorably positioned going forward. With support near $-0.0000000913663131359005 and resistance set at $0.000000193885952894255. This leaves SafeMoon with room to run before facing selling pressures.

What is a Token?

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

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