Bitcoin Incognito (XBI) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has advanced 0.93% to $0.004974084868.
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 paired 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 near $0.00486030952636501 and resistance set at $0.00499331682552001. This positions Bitcoin Incognito with potential selling pressures ahead as it may be getting over extended.