BeNFT Solutions (BeAI) Falls 0.18%, Underperforms the Crypto Market Thursday

Thursday, November 02, 2023 04:39 PM | InvestorsObserver Analysts

BeNFT Solutions (BeAI) has been relatively more volatile when compared to other cryptocurrencies. So far Thursday, the crypto has fallen 18.42% to $1.11.

InvestorsObserver is giving BeNFT Solutions a 91 Volatility Rank. Find out what this means to you and get the rest of the rankings on BeNFT Solutions!

Highly Volatile

InvestorsObserver gives BeNFT Solutions a high volatility rank of 91, placing it in the top 9% of cryptos on the market.

The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. BeAI'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.

BeNFT Solutions price is favorably positioned going forward. With support around $0.94486592546519 and resistance near $1.21. This positions BeNFT Solutions with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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