Bata (BTA) Rises 633.98%, Outperforms the Crypto Market Friday

Friday, June 17, 2022 06:42 AM | InvestorsObserver Analysts

Bata (BTA) has been relatively more volatile compared to the crypto market. So far Friday, the crypto has advanced 633.98% to $0.09931300655.

InvestorsObserver is giving Bata a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bata!

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Highly Volatile

InvestorsObserver gives Bata a high volatility rank of 98, placing it in the top 2% of cryptos on the market.

The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. BTA'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.

Bata price is trading above resistance. With support at $-0.0158159575664027 and resistance at $0.072154608438112. This positions Bata out of range and potentially in a volatile position if the rally burns out.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.