Chainbing (CBG) has been relatively more volatile compared to the crypto market. So far Monday, the crypto has declined 13.31% to $79.28.
InvestorsObserver is giving Chainbing a 91 Volatility Rank. Find out what this means to you and get the rest of the rankings on Chainbing!
Highly Volatile
InvestorsObserver gives Chainbing a high volatility rank of 91, placing it in the top 9% of cryptos on the market.The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. CBG'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.
Chainbing price is favorably positioned going forward. With support set at $66.79 and resistance near $87.69. This positions Chainbing with room to run before facing selling pressures.
