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Swarm City (SWT) Falls 0.02%, Outperforms the Crypto Market Thursday

Thursday, February 10, 2022 03:58 PM | InvestorsObserver Analysts
Swarm City (SWT) Falls 0.02%, Outperforms the Crypto Market Thursday

Swarm City (SWT) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Marketplace has lost 1.7% to $0.02549019529.

volatility - 74
InvestorsObserver is giving Swarm City a 74 Volatility Rank. Find out what this means to you and get the rest of the rankings on Swarm City!

Moderately Volatile

InvestorsObserver gives Swarm City a moderate volatility rank of 74, placing it in the top 26% of cryptos on the market.

The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. SWT'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.

Swarm City price is trading near resistance. With support around $0.0247787760920562 and resistance set at $0.0256457796670235. This leaves Swarm City with potential selling pressures ahead as it may be getting over extended.

What is a Token?

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

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