Bitcoin Classic (BXC) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the crypto has added 60.54% to $0.07460933735.
InvestorsObserver is giving Bitcoin Classic a 79 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitcoin Classic!
Highly Volatile
InvestorsObserver gives Bitcoin Classic a high volatility rank of 79, placing it in the top 21% of cryptos on the market.The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. BXC's high volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.
Bitcoin Classic price is trading above resistance. With support at $0.0331939822973076 and resistance near $0.0696455716134373. This positions Bitcoin Classic out of range and potentially in a volatile position if the rally burns out.