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Mesefa (SEFA) Rises 0.02%, Underperforms the Crypto Market Friday

Friday, July 15, 2022 08:15 AM | InvestorsObserver Analysts
Mesefa (SEFA) Rises 0.02%, Underperforms the Crypto Market Friday

Mesefa (SEFA) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Friday, the crypto has increased 0.02% to $0.01899259798.

volatility - 1
InvestorsObserver is giving Mesefa a 1 Volatility Rank. Find out what this means to you and get the rest of the rankings on Mesefa!

Low Volatility

InvestorsObserver gives Mesefa a low volatility rank of 1, placing it in the bottom 1% of cryptos on the market.

The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. SEFA'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.

Mesefa price is trading above resistance. With support around $0.0189866044799379 and resistance near $0.0189911307076505. This leaves Mesefa 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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