Bitcoin Cash (BCH) has been relatively less volatile when compared to other cryptocurrencies. So far Sunday, the Digital Money has added 3% to $378.08.
InvestorsObserver is giving Bitcoin Cash a 7 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 7, placing it in the bottom 7% of cryptos on the market.The Volatility Gauge follows meaning that one day won't make or break its rank. BCH's low volatility reading is paired 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 near resistance. With support around $357.9 and resistance set at $383.61. This positions Bitcoin Cash with potential selling pressures ahead as it may be getting over extended.