Bitcoin Cash (BCH) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the Digital Money has fallen 1.15% to $115.98.
InvestorsObserver is giving Bitcoin Cash a 32 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitcoin Cash!
Moderately Volatile
InvestorsObserver gives Bitcoin Cash a moderate volatility rank of 32, placing it in the bottom 32% of cryptos on the market.The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. BCH's moderate volatility reading pairs 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 good position going forward. With support near $112.14 and resistance set at $117.76. This positions Bitcoin Cash with room to run before facing selling pressures.