Safex Token (SFT) has been relatively more volatile compared to the crypto market. So far Friday, the crypto has declined 2.87% to $0.003119999971.
Highly Volatile
InvestorsObserver gives Safex Token a high volatility rank of 98, placing it in the top 2% of cryptos on the market.
The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day.
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 in a favorable position going forward. With support near $0.00291183366422564 and resistance around $0.00339203732070535. This leaves Safex Token with room to run before facing selling pressures.
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.
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