Bitcoin BEP2 (BTCB) Rises 0.48%, Outperforms the Crypto Market Saturday

Saturday, August 20, 2022 06:53 PM | InvestorsObserver Analysts

Bitcoin BEP2 (BTCB) has been relatively less volatile compared to the crypto market. So far Saturday, the crypto has added 0.48% to $21126.41.

InvestorsObserver is giving Bitcoin BEP2 a 13 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitcoin BEP2!

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Low Volatility

InvestorsObserver gives Bitcoin BEP2 a low volatility rank of 13, placing it in the bottom 13% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. BTCB's low volatility reading is coupled 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.

Bitcoin BEP2 price is in a good position going forward. With support near $20209.5 and resistance near $22530.29. This leaves Bitcoin BEP2 with room to run before facing selling pressures.