Bitcoin SV (BSV) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Monday, the Digital Money has dropped 6.09% to $47.13.
InvestorsObserver is giving Bitcoin SV a 24 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitcoin SV!
Low Volatility
InvestorsObserver gives Bitcoin SV a low volatility rank of 24, placing it in the bottom 24% of cryptos on the market.The Volatility Gauge analyzes meaning that one day won't make or break its rank. BSV's low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
Bitcoin SV price is well positioned going forward. With support set at $44.39 and resistance near $48.76. This leaves Bitcoin SV with room to run before facing selling pressures.