Silva Token (SILVA) has been relatively more volatile when compared to other cryptocurrencies. So far Thursday, the crypto has increased 265.92% to $0.0000000005646041282.
Highly Volatile
InvestorsObserver gives Silva Token a high volatility rank of 96, placing it in the top 4% of cryptos on the market.
The Volatility Gauge takes into account this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
SILVA’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.
Silva Token price is trading above resistance. With support set at $3.94590226131411E-12 and resistance set at $0.00000000043375155166585. This positions Silva Token out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
