Swarm Markets (SMT) has been relatively more volatile compared to the crypto market. So far Sunday, the crypto has declined 32.81% to $0.03811091109.
InvestorsObserver is giving Swarm Markets a 80 Volatility Rank. Find out what this means to you and get the rest of the rankings on Swarm Markets!
Highly Volatile
InvestorsObserver gives Swarm Markets a high volatility rank of 80, placing it in the top 20% of cryptos on the market.The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. SMT's high volatility reading is coupled 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.
Swarm Markets price is in a favorable position going forward. With support at $0.0116941308504702 and resistance at $0.0512074412680032. This leaves Swarm Markets with room to run before facing selling pressures.