Bean Cash (BITB) Rises 93.76%, Outperforms the Crypto Market Saturday

Saturday, April 22, 2023 11:27 AM | InvestorsObserver Analysts

Bean Cash (BITB) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has increased 93.76% to $0.0001604033246.

InvestorsObserver is giving Bean Cash a 94 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bean Cash!

Highly Volatile

InvestorsObserver gives Bean Cash a high volatility rank of 94, placing it in the top 6% of cryptos on the market.

The Volatility Gauge analyzes meaning that one day won't make or break its rank. BITB's high volatility reading is coupled 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.

Bean Cash price is trading above resistance. With support at $0.00004204841889445 and resistance near $0.000103651278099318. This leaves Bean Cash out of range and potentially in a volatile position if the rally burns out.

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.

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