Safex Token (SFT) Up 326.97% Friday: What's Next?

Friday, February 25, 2022 05:45 PM | InvestorsObserver Analysts

Safex Token (SFT) has been relatively more volatile compared to the crypto market. So far Friday, the crypto has added 326.97% to $0.0148022591.

InvestorsObserver is giving Safex Token a 92 Volatility Rank. Find out what this means to you and get the rest of the rankings on Safex Token!

See Full Report

Highly Volatile

InvestorsObserver gives Safex Token a high volatility rank of 92, placing it in the top 8% of cryptos on the market.

The Volatility Gauge tracks meaning that one day won't make or break its rank. SFT's high volatility reading pairs 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.

Safex Token price is trading near resistance. With support near $-0.00279630640855622 and resistance at $0.0156088961348068. This leaves Safex Token with potential selling pressures ahead as it may be getting over extended.

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.