Swingby (SWINGBY) Rises 33.06%, Outperforms the Crypto Market Monday

Monday, April 03, 2023 08:09 AM | InvestorsObserver Analysts

Swingby (SWINGBY) has been relatively more volatile compared to the crypto market. So far Monday, the Decentralized Finance has gained 33.06% to $0.003580852281.

InvestorsObserver is giving Swingby a 80 Volatility Rank. Find out what this means to you and get the rest of the rankings on Swingby!

Highly Volatile

InvestorsObserver gives Swingby a high volatility rank of 80, placing it in the top 20% of cryptos on the market.

The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. SWINGBY'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.

Swingby price is trading above resistance. With support around $0.00245357496577158 and resistance around $0.00316261528904393. This positions Swingby out of range and potentially in a volatile position if the rally burns out.

What is a Token?

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

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