Bitcoin Plus (XBC) has been relatively more volatile compared to the crypto market. So far Friday, the Digital Money has dropped 23.9% to $1.69.
Highly VolatileInvestorsObserver gives Bitcoin Plus a high volatility rank of 93, placing it in the top 7% of cryptos on the market.
The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. XBC'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 Plus price is well positioned going forward. With support set at $0.894675206650577 and resistance near $2.04. This leaves Bitcoin Plus with room to run before facing selling pressures.