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SIMP Token (SIMP) Up 45.63% Sunday: What's Next?

Sunday, February 06, 2022 07:22 PM | InvestorsObserver Analysts
SIMP Token (SIMP) Up 45.63% Sunday: What's Next?

SIMP Token (SIMP) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the crypto has increased 45.63% to $0.000004076422856.

volatility - 69
InvestorsObserver is giving SIMP Token a 69 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 69, placing it in the top 31% of cryptos on the market.

The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. SIMP's moderate volatility reading pairs 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 trading above resistance. With support near $0.0000023548907300306 and resistance near $0.00000367742585677712. This leaves SIMP Token out of range and potentially in a volatile position if the rally burns out.

What is a Token?

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

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