Safex Token (SFT) has been relatively more volatile compared to the crypto market. So far Friday, the crypto has added 326.97% to $0.0148022591.
Highly Volatile
InvestorsObserver gives Safex Token a high volatility rank of 92, placing it in the top 8% of cryptos on the market.
The Volatility Gauge tracks meaning that one day won’t make or break its rank.
SFT’s high volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.
Safex Token price is trading near resistance. With support near $-0.00279630640855622 and resistance at $0.0156088961348068. This leaves Safex Token with potential selling pressures ahead as it may be getting over extended.
What is a Coin?
A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.
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
