SIMP Token (SIMP) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the crypto has lost 7.35% to $0.000002336190984.
Moderately Volatile
InvestorsObserver gives SIMP Token a moderate volatility rank of 64, placing it in the top 36% of cryptos on the market.
The Volatility Gauge tracks meaning that one day won’t make or break its rank.
SIMP’s moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
SIMP Token price is trading near resistance. With support set at $0.00000221845984268924 and resistance near $0.00000234852781685816. This leaves SIMP Token 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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