bit AR(bra) has been relatively more volatile than the crypto market according to recent market analysis. So far on Friday, the cryptocurrency has advanced 29.77% to $0.00255525659.
![volatility - 87](https://i2.wp.com/s3.amazonaws.com/images.investorsobserver.com/ads/score-charts/bars/score-bar-chart-light-87.jpg?ssl=1)
highly volatile
InvestorsObserver gives ARbit a high volatility range of 87, putting it in the top 13% of cryptos on the market.
The volatility indicator looks at what it means that a day will not define your volatility range, it will be a trend. ARB's high volatility reading is combined with a low reading on the risk/reward indicator, which means that the coin has relatively wide price fluctuations and is well protected against price manipulation.
ARbit price is trading near resistance. With support near $0.00139323573678565 and resistance around $0.00256524896833879. This leaves ARbit with potential selling pressures ahead, as it may be getting too spread out.
What is a coin?
A coin is a cryptocurrency that exists on its own blockchain. these are normally used for payments. Depending on the cryptocurrency, the use made of those payments can vary from general use in the digital money subclass to more specific uses in some other subclasses.