Bottos (BTO) Up 3.84% Friday: What's Next?

Friday, January 14, 2022 08:33 AM | InvestorsObserver Analysts

Bottos (BTO) has been relatively more volatile when compared to other cryptocurrencies. So far Friday, the Distributed Software Platform has increased 3.84% to $0.001119867711.

InvestorsObserver is giving Bottos a 97 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bottos!

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Highly Volatile

InvestorsObserver gives Bottos a high volatility rank of 97, placing it in the top 3% of cryptos on the market.

The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. BTO's high volatility reading is paired 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.

Bottos price is in a good position going forward. With support at $0.000976125921634988 and resistance set at $0.00127211024756546. This leaves Bottos with room to run before facing selling pressures.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.