Bitspawn (SPWN) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the Gaming has gained 219.99% to $0.0001755645942.
InvestorsObservergives Bitspawn a high volatility rank of 93, placing it in the top 7% of cryptos on the market.
The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day.
SPWN’s high volatility reading comes 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.
Bitspawn price is trading above resistance. With support near $0.000046084935952086 and resistance near $0.0000719071130739674. This positions Bitspawn out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
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