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SafeMoon (SAFEMOON) Up 21.55% Thursday: What’s Next?

October 8, 2022
in Safemoon
0

SafeMoon (SAFEMOON) has been relatively more volatile compared to the crypto market. So far Thursday, the crypto has increased 21.55% to $0.000000680598718.

InvestorsObserver is giving SafeMoon a 98 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 98, placing it in the top 2% 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 comes 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 set at $0.000000151604793016246 and resistance near $0.000000823696064541478. This positions 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.

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Name Price
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ethereum
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$0.090559


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