SafeInsure (SINS) Rises 111.11%, Outperforms the Crypto Market Sunday

Sunday, July 03, 2022 04:43 PM | InvestorsObserver Analysts

SafeInsure (SINS) has been relatively more volatile when compared to other cryptocurrencies. So far Sunday, the crypto has gained 111.11% to $0.0006910641366.

InvestorsObserver is giving SafeInsure a 96 Volatility Rank. Find out what this means to you and get the rest of the rankings on SafeInsure!

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Highly Volatile

InvestorsObserver gives SafeInsure a high volatility rank of 96, placing it in the top 4% of cryptos on the market.

The Volatility Gauge follows meaning that one day won't make or break its rank. SINS's high volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.

SafeInsure price is trading above resistance. With support near $0.00017798036091098 and resistance around $0.00062579267645323. This leaves SafeInsure out of range and potentially in a volatile position if the rally burns out.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.