SafeCapital (SCAP) Rises 203.94%, Outperforms the Crypto Market Saturday
SafeCapital (SCAP) has been relatively more volatile compared to the crypto market. So far Saturday, the crypto has added 203.94% to $0.001608305657.
Highly Volatile
InvestorsObserver gives SafeCapital a high volatility rank of 95, placing it in the top 5% of cryptos on the market.
The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day.
SCAP’s high volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.
SafeCapital price is favorably positioned going forward. With support around $-0.0006131745495277 and resistance near $0.00279990568827814. This leaves SafeCapital with room to run before facing selling pressures.
What is a Coin?
A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.
