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Swarm (SWM) Falls 0.15%, Underperforms the Crypto Market Sunday

Sunday, May 15, 2022 01:12 PM | InvestorsObserver Analysts
Swarm (SWM) Falls 0.15%, Underperforms the Crypto Market Sunday

Swarm (SWM) has been relatively more volatile compared to the crypto market. So far Sunday, the crypto has lost 15.46% to $0.009529255364.

volatility - 99
InvestorsObserver is giving Swarm a 99 Volatility Rank. Find out what this means to you and get the rest of the rankings on Swarm!

Highly Volatile

InvestorsObserver gives Swarm a high volatility rank of 99, placing it in the top 1% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. SWM'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 price is in a favorable position going forward. With support at $0.00844474690473901 and resistance around $0.0106106446541034. This leaves Swarm with room to run before facing selling pressures.

What is a Token?

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

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