SafeMoon (SAFEMOON), High Volatility and Falling Friday: Is it Time to Cash Out?

Friday, August 26, 2022 05:51 PM | InvestorsObserver Analysts

SafeMoon (SAFEMOON) has been relatively more volatile compared to the crypto market. So far Friday, the crypto has fallen 66.25% to $0.0000005572749071.

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

See Full Report

Highly Volatile

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

The Volatility Gauge analyzes meaning that one day won't make or break its rank. SAFEMOON's high volatility reading comes 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 price With support near $0.000000743258385208553 and resistance around $0.000000804372791188887. This positions SafeMoon