SafeMoon Inu (SMI) Up 1.65% Thursday: What's Next?

Thursday, March 28, 2024 08:56 AM | InvestorsObserver Analysts

SafeMoon Inu (SMI) has been relatively more volatile when compared to other cryptocurrencies. So far Thursday, the crypto has increased 1.65% to $0.000001305711361.

InvestorsObserver is giving SafeMoon Inu a 98 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 98, placing it in the top 2% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. SMI's high volatility reading pairs 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 trading near resistance. With support at $0.00000125891950065116 and resistance near $0.00000131742945486613. This positions SafeMoon Inu with potential selling pressures ahead as it may be getting over extended.