bitCNY (BITCNY) has been relatively less volatile when compared to other cryptocurrencies. So far Friday, the Stablecoins has fallen 0.37% to $0.1588845255.
Low VolatilityInvestorsObserver gives bitCNY a low volatility rank of 2, placing it in the bottom 2% of cryptos on the market.
The Volatility Gauge follows meaning that one day won't make or break its rank. BITCNY's low volatility reading is paired 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.
bitCNY price is in a favorable position going forward. With support at $0.156762942407664 and resistance at $0.159882843230303. This leaves bitCNY with room to run before facing selling pressures.