Bridge Oracle (BRG), High Volatility and Falling Monday: Is it Time to Cash Out?

Monday, December 20, 2021 07:54 AM | InvestorsObserver Analysts

Bridge Oracle (BRG) has been relatively more volatile when compared to other cryptocurrencies. So far Monday, the Smart Contracts has fallen 38.3% to $0.001350274984.

InvestorsObserver is giving Bridge Oracle a 88 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bridge Oracle!

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Highly Volatile

InvestorsObserver gives Bridge Oracle a high volatility rank of 88, placing it in the top 12% 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. BRG's high volatility reading comes 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.

Bridge Oracle price is in a good position going forward. With support near $0.000824597713858932 and resistance at $0.00166650237827107. This positions Bridge Oracle with room to run before facing selling pressures.