ByteEx (BX) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the crypto has lost 8.9% to $0.04324767538.
InvestorsObserver is giving ByteEx a 71 Volatility Rank. Find out what this means to you and get the rest of the rankings on ByteEx!
Moderately Volatile
InvestorsObserver gives ByteEx a moderate volatility rank of 71, placing it in the top 29% of cryptos on the market.The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. BX's moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
ByteEx price is well positioned going forward. With support near $0.0377003118253731 and resistance near $0.0459340825534844. This positions ByteEx with room to run before facing selling pressures.
