Bella Protocol (BEL) Falls 0.12%, Underperforms the Crypto Market Saturday

Saturday, June 04, 2022 08:08 AM | InvestorsObserver Analysts

Bella Protocol (BEL) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Decentralized Finance has fallen 11.79% to $0.9114186308.

InvestorsObserver is giving Bella Protocol a 65 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bella Protocol!

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Moderately Volatile

InvestorsObserver gives Bella Protocol a moderate volatility rank of 65, placing it in the top 35% of cryptos on the market.

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. BEL'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.

Bella Protocol price is in a good position going forward. With support at $0.65577517257543 and resistance at $1.04. This positions Bella Protocol with room to run before facing selling pressures.