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Bismuth (BIS), High Volatility and Falling Wednesday: Is it Time to Cash Out?

Wednesday, September 27, 2023 05:28 PM | InvestorsObserver Analysts
Bismuth (BIS), High Volatility and Falling Wednesday: Is it Time to Cash Out?

Bismuth (BIS) has been relatively more volatile when compared to other cryptocurrencies. So far Wednesday, the crypto has fallen 9.26% to $0.0130762809.

volatility - 97
InvestorsObserver is giving Bismuth a 97 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bismuth!

Highly Volatile

InvestorsObserver gives Bismuth a high volatility rank of 97, placing it in the top 3% of cryptos on the market.

The Volatility Gauge tracks meaning that one day won't make or break its rank. BIS's high volatility reading comes 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.

Bismuth price is in a good position going forward. With support near $-0.0058110160835156 and resistance near $0.0493495566688409. This leaves Bismuth with room to run before facing selling pressures.

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.

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