Bitcoin Incognito (XBI) has been relatively more volatile compared to the crypto market. So far Thursday, the crypto has lost 4.91% to $0.004495648329.
InvestorsObserver is giving Bitcoin Incognito a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitcoin Incognito!
Highly Volatile
InvestorsObserver gives Bitcoin Incognito a high volatility rank of 98, placing it in the top 2% of cryptos on the market.The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. XBI'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 Incognito price is trading near resistance. With support set at $0.00427020700021933 and resistance at $0.0045202042472298. This leaves Bitcoin Incognito with potential selling pressures ahead as it may be getting over extended.