Tuesday, December 07, 2021 05:31 PM | InvestorsObserver Analysts
SynLev (SYN) has been relatively more volatile when compared to other cryptocurrencies. So far Tuesday, the Derivatives has dropped 36.91% to $0.009439593734.
InvestorsObserver is giving SynLev a 87 Volatility Rank. Find out what this means to you and get the rest of the rankings on SynLev!
InvestorsObserver gives SynLev a high volatility rank of 87, placing it in the top 13% of cryptos on the market. The Volatility Gauge tracks the previous 60 days, meaning that one day won't make or break the score.
SYN'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.
SynLev price is favorably positioned going forward. With support around $0.00199001734552919 and resistance set at $0.0158155498601311. This leaves SynLev 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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