SafeInsure (SINS) Rises 42.08%, Outperforms the Crypto Market Saturday

Saturday, February 19, 2022 03:02 PM | InvestorsObserver Analysts

SafeInsure (SINS) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has increased 42.08% to $0.002797921271.

InvestorsObserver is giving SafeInsure a 84 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 84, placing it in the top 16% 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 is paired 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 at $0.00193098726206762 and resistance set at $0.0020269928825025. 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.