Bitcoin Cash (BCH) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Digital Money has added 8.07% to $609.82.
InvestorsObserver is giving Bitcoin Cash a 35 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 35, placing it in the bottom 35% 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 comes 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 above resistance. With support set at $533.39 and resistance set at $590.27. This positions Bitcoin Cash out of range and potentially in a volatile position if the rally burns out.