Basic Attention Token (BAT), Moderate Volatility and Falling Friday: Is it Time to Cash Out?

Friday, January 07, 2022 07:50 AM | InvestorsObserver Analysts

Basic Attention Token (BAT) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Media, Music and Content has fallen 2.73% to $1.1.

InvestorsObserver is giving Basic Attention Token a 31 Volatility Rank. Find out what this means to you and get the rest of the rankings on Basic Attention Token!

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Moderately Volatile

InvestorsObserver gives Basic Attention Token a moderate volatility rank of 31, placing it in the bottom 31% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. BAT's moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Basic Attention Token price is in a good position going forward. With support around $1.06 and resistance set at $1.14. This leaves Basic Attention Token with room to run before facing selling pressures.