Swarm Markets (SMT) has been relatively more volatile compared to the crypto market. So far Monday, the crypto has declined 24.85% to $0.04772278641.
InvestorsObserver is giving Swarm Markets a 97 Volatility Rank. Find out what this means to you and get the rest of the rankings on Swarm Markets!
The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day.
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 set at $0.0315255403262412 and resistance around $0.0599449641746317. This positions Swarm Markets with room to run before facing selling pressures.