Bitcoin 2 (BTC2) has been relatively more volatile when compared to other cryptocurrencies. So far Friday, the Digital Money has advanced 61.56% to $0.4740571085.
InvestorsObserver is giving Bitcoin 2 a 76 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitcoin 2!
Highly Volatile
InvestorsObserver gives Bitcoin 2 a high volatility rank of 76, placing it in the top 24% of cryptos on the market.The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. BTC2's high volatility reading is paired 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.
Bitcoin 2 price is trading above resistance. With support near $0.228736739002691 and resistance at $0.420718650661932. This positions Bitcoin 2 out of range and potentially in a volatile position if the rally burns out.