Smaugs NFT (SMG) has been relatively more volatile when compared to other cryptocurrencies. So far Monday, the Art, Collectibles and Non-Fungible Tokens has added 35.71% to $0.00004806750547.
Highly VolatileInvestorsObserver gives Smaugs NFT a high volatility rank of 80, placing it in the top 20% of cryptos on the market.
The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. SMG'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.
Smaugs NFT price is well positioned going forward. With support at $0.0000200485269048604 and resistance set at $0.0000657531094945389. This positions Smaugs NFT with room to run before facing selling pressures.