Breezecoin (BRZE), High Volatility and Rising Thursday: Is it Time to Cash Out?

Thursday, June 23, 2022 02:01 PM | InvestorsObserver Analysts

Breezecoin (BRZE) has been relatively more volatile when compared to other cryptocurrencies. So far Thursday, the crypto has added 109.14% to $0.01364521798.

InvestorsObserver is giving Breezecoin a 80 Volatility Rank. Find out what this means to you and get the rest of the rankings on Breezecoin!

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Highly Volatile

InvestorsObserver gives Breezecoin a high volatility rank of 80, placing it in the top 20% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. BRZE's high volatility reading pairs 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.

Breezecoin price is trading above resistance. With support near $0.0032871745807099 and resistance at $0.0129719626438784. This leaves Breezecoin out of range and potentially in a volatile position if the rally burns out.