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Bitball Treasure (BTRS), High Volatility and Rising Thursday: Is it Time to Cash Out?

Thursday, June 16, 2022 06:55 AM | InvestorsObserver Analysts
Bitball Treasure (BTRS), High Volatility and Rising Thursday: Is it Time to Cash Out?

Bitball Treasure (BTRS) has been relatively more volatile compared to the crypto market. So far Thursday, the crypto has advanced 16.27% to $14.48.

volatility - 93
InvestorsObserver is giving Bitball Treasure a 93 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitball Treasure!

Highly Volatile

InvestorsObserver gives Bitball Treasure a high volatility rank of 93, placing it in the top 7% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. BTRS's high volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.

Bitball Treasure price is trading above resistance. With support at $11.77 and resistance set at $13.81. This positions Bitball Treasure 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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