Basic Attention Token (BAT) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Media, Music and Content has lost 2.77% to $0.8438017235.
Moderately Volatile
InvestorsObserver gives Basic Attention Token a moderate volatility rank of 31, placing it in the bottom 31% of cryptos on the market.
The Volatility Gauge tracks which means that one day won’t define its volatility rank – a trend will.
BAT’s moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
Basic Attention Token price is well positioned going forward. With support near $0.77968125424482 and resistance around $0.868779171324746. This positions Basic Attention Token with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.