BZEdge (BZE) Up 57.83% Sunday: What's Next?

Sunday, February 20, 2022 08:01 PM | InvestorsObserver Analysts

BZEdge (BZE) has been relatively more volatile when compared to other cryptocurrencies. So far Sunday, the crypto has increased 57.83% to $0.0004319586539.

InvestorsObserver is giving BZEdge a 95 Volatility Rank. Find out what this means to you and get the rest of the rankings on BZEdge!

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Highly Volatile

InvestorsObserver gives BZEdge a high volatility rank of 95, placing it in the top 5% of cryptos on the market.

The Volatility Gauge analyzes meaning that one day won't make or break its rank. BZE's high volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.

BZEdge price is trading above resistance. With support set at $0.000215021606775059 and resistance set at $0.000390946578474774. This leaves BZEdge out of range and potentially in a volatile position if the rally burns out.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.