Bread (BRD) Rises 71.03%, Outperforms the Crypto Market Monday
Monday, September 26, 2022 08:58 AM | InvestorsObserver Analysts
Bread (BRD) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has gained 71.03% to $0.01064940168.
InvestorsObserver is giving Bread a 89 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bread!
InvestorsObserver gives Bread a high volatility rank of 89, placing it in the top 11% of cryptos on the market.
The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will.
BRD'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.
Bread price is trading above resistance. With support at $0.00489604863523472 and resistance at $0.00881772273405422. This leaves Bread out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency's blockchain.
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