Bitcoin Cash (BCH) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Digital Money has advanced 0.89% to $105.72.
Moderately VolatileInvestorsObserver gives Bitcoin Cash a moderate volatility rank of 31, placing it in the bottom 31% of cryptos on the market.
The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. BCH's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Bitcoin Cash price is in a favorable position going forward. With support at $101.89 and resistance near $107.98. This leaves Bitcoin Cash with room to run before facing selling pressures.