BitScreener Token (BITX) has been relatively more volatile compared to the crypto market. So far Friday, the crypto has fallen 42.98% to $0.0004246182869.
Highly Volatile
InvestorsObserver gives BitScreener Token a high volatility rank of 79, placing it in the top 21% of cryptos on the market.
The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day.
BITX’s high volatility reading is paired 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.
BitScreener Token price is well positioned going forward. With support at $0.000108578160393676 and resistance around $0.000709336780233001. This leaves BitScreener Token with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
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