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SIMP Token (SIMP) Down 0.38% Monday: What's Next?

Monday, January 24, 2022 09:17 AM | InvestorsObserver Analysts
SIMP Token (SIMP) Down 0.38% Monday: What's Next?

SIMP Token (SIMP) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the crypto has lost 38.18% to $0.00000468866285.

volatility - 62
InvestorsObserver is giving SIMP Token a 62 Volatility Rank. Find out what this means to you and get the rest of the rankings on SIMP Token!

Moderately Volatile

InvestorsObserver gives SIMP Token a moderate volatility rank of 62, placing it in the top 38% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. SIMP's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

SIMP Token price is in a favorable position going forward. With support near $0.00000237077097979876 and resistance near $0.00000622677840427299. This positions SIMP Token with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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