Bitcoin Plus (XBC) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Sunday, the Digital Money has fallen 19.44% to $1.95.
Highly VolatileInvestorsObserver gives Bitcoin Plus a high volatility rank of 92, placing it in the top 8% of cryptos on the market.
The Volatility Gauge analyzes 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 favorably positioned going forward. With support set at $1.21 and resistance near $2.24. This leaves Bitcoin Plus with room to run before facing selling pressures.