Bitcoin Cash (BCH) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Digital Money has dropped 6.77% to $160.01.
InvestorsObserver is giving Bitcoin Cash a 30 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 30, placing it in the bottom 30% of cryptos on the market.The Volatility Gauge tracks 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 trading near resistance. With support at $152.52 and resistance near $161.85. This leaves Bitcoin Cash with potential selling pressures ahead as it may be getting over extended.