Bitcoin Cash (BCH) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Digital Money has increased 0.78% to $235.73.
InvestorsObserver is giving Bitcoin Cash a 30 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitcoin Cash!
The Volatility Gauge takes into account meaning that one day won’t make or break its rank.
BCH’s moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Bitcoin Cash price is in a favorable position going forward. With support at $230.24 and resistance near $237.84. This positions Bitcoin Cash with room to run before facing selling pressures.
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