SafeMoon (SAFEMOON) Up 1.22% Monday: What's Next?

Monday, September 26, 2022 11:25 AM | InvestorsObserver Analysts

SafeMoon (SAFEMOON) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has advanced 1.22% to $0.0000004892622297.

InvestorsObserver is giving SafeMoon a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on SafeMoon!

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Highly Volatile

InvestorsObserver gives SafeMoon a high volatility rank of 98, placing it in the top 2% of cryptos on the market.

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. SAFEMOON'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 price is in a good position going forward. With support at $0.000000459745481962241 and resistance set at $0.000000523933269491832. This positions SafeMoon with room to run before facing selling pressures.