Written by 6:06 pm Bitcoin

Is it Time to Cash Out?

Bitcoin Cash (BCH) has been relatively less volatile when compared to other cryptocurrencies. So far Saturday, the Digital Money has added 0.77% to $97.33.

volatility - 16
InvestorsObserver is giving Bitcoin Cash a 16 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitcoin Cash!

Low Volatility

InvestorsObserver gives Bitcoin Cash a low volatility rank of 16, placing it in the bottom 16% of cryptos on the market.

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day.

BCH’s low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.

Bitcoin Cash price is in a favorable position going forward. With support set at $95.39 and resistance at $98.11. This leaves Bitcoin Cash with room to run before facing selling pressures.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.

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