Little boy (BTA) has been relatively more volatile compared to other cryptocurrencies. So far on Sunday, the crypto is down 0.25% to $ 0.3434153781.
Highly volatile
Observer Investors gives Bata a high volatility range of 97, placing it in the top 3% of cryptocurrencies on the market.
The volatility indicator takes into account that this means that the range represents your recent trends and is not overly influenced by a sudden spike or two in volatility. BTA's high volatility reading is paired with a low reading on the risk / reward indicator, which means that the coin has relatively wide price swings and is well protected against price manipulation.
The price of Bata is in a favorable position going forward. With support established at $ 0.133329036796824 and resistance at $ 0.448446436936394. This positions Bata with room to run before facing selling pressure.
What is a coin?
A currency is a cryptocurrency that exists on its own blockchain. These are normally used for payments. Depending on the cryptocurrency, the use of those payments can range from general use in the Digital Money subclass to more specific uses in some other subclasses.
