Bitcoin Cash (BCH) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the Digital Money has increased 4.84% to $118.81.
InvestorsObserver is giving Bitcoin Cash a 27 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 27, placing it in the bottom 27% of cryptos on the market.The Volatility Gauge tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. 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 trading above resistance. With support set at $111.07 and resistance around $116.83. This leaves Bitcoin Cash out of range and potentially in a volatile position if the rally burns out.