Bitcoin Cash (BCH) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the Digital Money has gained 0.97% to $109.62.
InvestorsObserver is giving Bitcoin Cash a 29 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 29, placing it in the bottom 29% of cryptos on the market.The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. 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 around $107.34 and resistance near $109.5. This positions Bitcoin Cash out of range and potentially in a volatile position if the rally burns out.