SIMP Token (SIMP) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the crypto has increased 0.19% to $0.0000002059961885.
Low Volatility
InvestorsObserver gives SIMP Token a low volatility rank of 8, placing it in the bottom 8% of cryptos on the market.
The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day.
SIMP’s low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
SIMP Token price is in a favorable position going forward. With support around $0.000000199509519463008 and resistance around $0.000000208921553281998. This positions SIMP Token with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
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