SafeMoon (SAFEMOON) Falls 0.47%, Underperforms the Crypto Market Thursday

SafeMoon (SAFEMOON) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the crypto has fallen 46.99% to $0.0000009018761683.

InvestorsObserver is giving SafeMoon a 60 Volatility Rank. Find out what this means to you and get the rest of the rankings on SafeMoon!

Moderately Volatile

InvestorsObserver gives SafeMoon a moderate volatility rank of 60, placing it in the top 40% of cryptos on the market.

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

SAFEMOON’s moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

SafeMoon price With support around $0.000000975404245169247 and resistance near $0.000000976810437665025. This positions SafeMoon

What is a Token?

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