Bitspawn (SPWN) Rises 22.04%, Outperforms the Crypto Market Tuesday

Tuesday, November 21, 2023 03:06 PM | InvestorsObserver Analysts

Bitspawn (SPWN) has been relatively more volatile when compared to other cryptocurrencies. So far Tuesday, the Gaming has gained 22.04% to $0.00003534666507.

InvestorsObserver is giving Bitspawn a 95 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitspawn!

Highly Volatile

InvestorsObserver gives Bitspawn a high volatility rank of 95, placing it in the top 5% of cryptos on the market.

The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. SPWN's high volatility reading comes 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.

Bitspawn price is well positioned going forward. With support set at $0.00000734223028829189 and resistance set at $0.0000599023183674818. This leaves Bitspawn with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

Share this article: