BitBall (BTB) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Thursday, the crypto has added 86.36% to $0.0008808497146.
Highly Volatile
InvestorsObservergives BitBall a high volatility rank of 92, placing it in the top 8% of cryptos on the market.
The Volatility Gauge analyzes which means that one day won’t define its volatility rank – a trend will.
BTB’s high volatility reading is coupled 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 trading above resistance. With support set at $0.000336279682567344 and resistance at $0.000745227790655569. This leaves BitBall 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.Â
Post Disclaimer
The information provided in our posts or blogs are for educational and informative purposes only. We do not guarantee the accuracy, completeness or suitability of the information. We do not provide financial or investment advice. Readers should always seek professional advice before making any financial or investment decisions based on the information provided in our content. We will not be held responsible for any losses, damages or consequences that may arise from relying on the information provided in our content.