Bitcoin Plus (XBC) has been relatively more volatile when compared to other cryptocurrencies. So far Monday, the Digital Money has lost 20.82% to $2.81.
InvestorsObserver is giving Bitcoin Plus a 89 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitcoin Plus!
Highly Volatile
InvestorsObserver gives Bitcoin Plus a high volatility rank of 89, placing it in the top 11% of cryptos on the market.The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. XBC'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 Plus price is in a favorable position going forward. With support set at $2.18 and resistance near $3.17. This positions Bitcoin Plus with room to run before facing selling pressures.