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BitScreener Token (BITX) Falls 0.43%, Underperforms the Crypto Market Friday

Friday, May 13, 2022 11:12 AM | InvestorsObserver Analysts
BitScreener Token (BITX) Falls 0.43%, Underperforms the Crypto Market Friday

BitScreener Token (BITX) has been relatively more volatile compared to the crypto market. So far Friday, the crypto has fallen 42.98% to $0.0004246182869.

volatility - 79
InvestorsObserver is giving BitScreener Token a 79 Volatility Rank. Find out what this means to you and get the rest of the rankings on BitScreener Token!

Highly Volatile

InvestorsObserver gives BitScreener Token a high volatility rank of 79, placing it in the top 21% of cryptos on the market.

The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. BITX's high volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.

BitScreener Token price is well positioned going forward. With support at $0.000108578160393676 and resistance around $0.000709336780233001. This leaves BitScreener Token with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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