BIM (BIM) Rises 0.03%, Underperforms the Crypto Market Sunday

BIM (BIM) Rises 0.03%, Underperforms the Crypto Market Sunday

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Sunday March 24, 2024 18:37 | Analysts Observers Investors

BIM (BIM) Up 0.03%, Underperforms Crypto Market on Sunday

BIM (BIM) has been relatively less volatile compared to the crypto market. So far on Sunday, the cryptocurrency is up 0.03% to $1.13.

volatility - 9
InvestorsObserver It gives BIM a volatility rank of 9. Find out what this means to you and get the rest of the rankings in BIM!

Low volatility

InvestorsObserver gives BIM a low volatility rank of 9, placing it in the bottom 9% of cryptocurrencies on the market.

The volatility indicator analyzes this, meaning that the ranking represents your recent trends and is not overly influenced by a sudden spike (or two) in volatility. BIM's low volatility reading is combined with a low reading on the risk/reward indicator, meaning the token has relatively narrow price swings and is well protected from price manipulation.

BIM price is trading above the resistance. With support around $1.13 and resistance around $1.13. This leaves BIM out of reach and potentially in a volatile position if the rally peters out.

What is a token?

Tokens are digital assets that exist on the blockchain of another cryptocurrency.

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