Bitcoin Cash (BCH) has been relatively less volatile when compared to other cryptocurrencies. So far Friday, the Digital Money has gained 0.89% to $114.1.
InvestorsObserver is giving Bitcoin Cash a 16 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitcoin Cash!
Low Volatility
InvestorsObserver gives Bitcoin Cash a low volatility rank of 16, placing it in the bottom 16% of cryptos on the market.The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. BCH's low volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
Bitcoin Cash price is trading above resistance. With support around $112.15 and resistance around $113.79. This leaves Bitcoin Cash out of range and potentially in a volatile position if the rally burns out.