Bread (BRD) Up 29.38% Wednesday: What's Next?

Wednesday, September 14, 2022 12:56 PM | InvestorsObserver Analysts

Bread (BRD) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the crypto has added 29.38% to $0.004122582227.

InvestorsObserver is giving Bread a 86 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bread!

See Full Report

Highly Volatile

InvestorsObserver gives Bread a high volatility rank of 86, placing it in the top 14% of cryptos on the market.

The Volatility Gauge analyzes meaning that one day won't make or break its rank. BRD's high volatility reading is coupled 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 near resistance. With support near $0.00260837178006028 and resistance set at $0.00422567210420225. This leaves Bread with potential selling pressures ahead as it may be getting over extended.