Bitcoin Cash (BCH) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Digital Money has gained 2.52% to $145.17.
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 follows which means that one day won't define its volatility rank - a trend will. 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 near resistance. With support set at $134.94 and resistance near $145.68. This positions Bitcoin Cash with potential selling pressures ahead as it may be getting over extended.