Bitcoin BEP2 (BTCB) has been relatively less volatile when compared to other cryptocurrencies. So far Sunday, the crypto has increased 2.79% to $27764.35.
InvestorsObserver gives Bitcoin BEP2 a low volatility rank of 15, placing it in the bottom 15% of cryptos on the market.
The Volatility Gauge takes into account this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
BTCB’s low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
Bitcoin BEP2 price is trading above resistance. With support set at $26887.3 and resistance around $27106.41. This positions Bitcoin BEP2 out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
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