SafeMoon Inu (SMI) Rises 0.5%, Underperforms the Crypto Market Sunday

Sunday, January 07, 2024 08:51 AM | InvestorsObserver Analysts

SafeMoon Inu (SMI) has been relatively more volatile compared to the crypto market. So far Sunday, the crypto has advanced 0.5% to $0.0000009136748492.

InvestorsObserver is giving SafeMoon Inu a 99 Volatility Rank. Find out what this means to you and get the rest of the rankings on SafeMoon Inu!

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Highly Volatile

InvestorsObserver gives SafeMoon Inu a high volatility rank of 99, placing it in the top 1% of cryptos on the market.

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

SafeMoon Inu price is in a favorable position going forward. With support set at $0.000000899714188267934 and resistance set at $0.000000919251271330393. This leaves SafeMoon Inu with room to run before facing selling pressures.