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Swarm City (SWT) Rises 9.19%, Outperforms the Crypto Market Saturday

Saturday, February 05, 2022 08:32 AM | InvestorsObserver Analysts
Swarm City (SWT) Rises 9.19%, Outperforms the Crypto Market Saturday

Swarm City (SWT) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Marketplace has advanced 9.19% to $0.03769873717.

volatility - 72
InvestorsObserver is giving Swarm City a 72 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 72, placing it in the top 28% 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 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.

Swarm City price is trading above resistance. With support set at $0.0329239165724785 and resistance set at $0.0369589982868702. This leaves Swarm City 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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