Bitcoin 2 (BTC2) has been relatively more volatile compared to the crypto market. So far Monday, the Digital Money has dropped 38.97% to $0.6666667033.
Highly VolatileInvestorsObserver gives Bitcoin 2 a high volatility rank of 77, placing it in the top 23% of cryptos on the market.
The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. BTC2's high volatility reading pairs 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.
Bitcoin 2 price is favorably positioned going forward. With support near $0.42394804470977 and resistance around $0.84709417336425. This leaves Bitcoin 2 with room to run before facing selling pressures.