bAlpha (BALPHA) Rises 64.5%, Outperforms the Crypto Market Saturday

Saturday, January 08, 2022 11:02 AM | InvestorsObserver Analysts

bAlpha (BALPHA) has been relatively more volatile compared to the crypto market. So far Saturday, the crypto has advanced 64.5% to $31.62.

InvestorsObserver is giving bAlpha a 89 Volatility Rank. Find out what this means to you and get the rest of the rankings on bAlpha!

Highly Volatile

InvestorsObserver gives bAlpha a high volatility rank of 89, placing it in the top 11% of cryptos on the market.

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. BALPHA's high volatility reading pairs 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.

bAlpha price is trading above resistance. With support at $14.87 and resistance set at $27.88. This leaves bAlpha 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.

Share this article: