Birdchain (BIRD) Falls 0.01%, Underperforms the Crypto Market Friday

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Friday, September 08, 2023 1:04 PM | Analysts Observers Investors

bird chain (BIRD) has been relatively less volatile compared to the crypto market. So far on Friday, the cryptocurrency is down 0.74% at $0.000733669028.

volatility - 3
InvestorsObserver is giving Birdchain a volatility rank 3. Find out what this means for you and get the rest of the rankings on Birdchain!

low volatility

InvestorsObserver gives Birdchain a low volatility rank of 3, placing it in the bottom 3% of cryptocurrencies on the market.

The volatility indicator takes into account which means that one day it will not define your volatility range, but rather a trend. BIRD's low volatility reading comes with a low reading on the risk/reward indicator, meaning the token has relatively narrow price swings and is well protected from price manipulation.

Birdchain price is trading above resistance. With support near $0.000731902603223639 and resistance set at $0.000731902603223639. This puts Birdchain out of range 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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