BitBall (BTB) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the crypto has fallen 57.51% to $0.0004379176999.
Highly Volatile
InvestorsObservergives BitBall a high volatility rank of 94, placing it in the top 6% of cryptos on the market.
The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day.
BTB’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.
BitBall price is well positioned going forward. With support set at $-0.000817183761099012 and resistance around $0.00245517142379132. This positions BitBall with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.Â
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