Bitcoin Incognito (XBI) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Thursday, the crypto has increased 0.39% to $0.004858560451.
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 tracks 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 favorably positioned going forward. With support set at $0.00476075533554432 and resistance set at $0.00494411505535719. This leaves Bitcoin Incognito with room to run before facing selling pressures.