Bitcoin Cash (BCH) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Digital Money has dropped 1.26% to $240.48.
InvestorsObserver is giving Bitcoin Cash a 49 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitcoin Cash!
The Volatility Gauge follows meaning that one day won’t make or break its rank.
BCH’s moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Bitcoin Cash price is trading near resistance. With support near $237.78 and resistance around $241.14. This positions Bitcoin Cash with potential selling pressures ahead as it may be getting over extended.
