Bitcoin Cash (BCH) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the Digital Money has dropped 3.41% to $200.92.
InvestorsObserver is giving Bitcoin Cash a 26 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 26, placing it in the bottom 26% of cryptos on the market.The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. BCH's moderate volatility reading is paired 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 favorable position going forward. With support near $193.92 and resistance set at $204.97. This leaves Bitcoin Cash with room to run before facing selling pressures.