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Bistroo (BIST) Rises 0.98%, Outperforms the Crypto Market Saturday

Saturday, March 26, 2022 11:21 AM | InvestorsObserver Analysts
Bistroo (BIST) Rises 0.98%, Outperforms the Crypto Market Saturday

Bistroo (BIST) has been relatively less volatile when compared to other cryptocurrencies. So far Saturday, the Marketplace has increased 0.98% to $0.04868001448.

volatility - 5
InvestorsObserver is giving Bistroo a 5 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bistroo!

Low Volatility

InvestorsObserver gives Bistroo a low volatility rank of 5, placing it in the bottom 5% 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. BIST's low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.

Bistroo price is trading above resistance. With support around $0.0478126612108586 and resistance near $0.0484528709751008. This positions Bistroo out of range and potentially in a volatile position if the rally burns out.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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