Swarm (SWM) Falls 0.18%, Underperforms the Crypto Market Friday

Friday, June 10, 2022 04:14 PM | InvestorsObserver Analysts

Swarm (SWM) has been relatively more volatile compared to the crypto market. So far Friday, the crypto has fallen 18.13% to $0.007023312847.

InvestorsObserver is giving Swarm a 100 Volatility Rank. Find out what this means to you and get the rest of the rankings on Swarm!

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Highly Volatile

InvestorsObserver gives Swarm a high volatility rank of 100, placing it in the top 0% of cryptos on the market.

The Volatility Gauge analyzes meaning that one day won't make or break its rank. 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 trading near resistance. With support at $0.00582992030317843 and resistance set at $0.00734717190275848. This leaves Swarm with potential selling pressures ahead as it may be getting over extended.