BitcoinPoS (BPS) Rises 29.95%, Outperforms the Crypto Market Tuesday

BitcoinPoS (BPS) has been relatively more volatile than the crypto market according to recent market analysis. So far on Tuesday, the crypto has advanced 29.95% to $0.01299963193.

InvestorsObserver is giving BitcoinPoS a volatility rank of 89. Find out what this means for you and get the rest of the rankings on BitcoinPoS!

highly volatile

InvestorsObserver gives BitcoinPoS a high volatility range of 89, putting it in the top 11% 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. BPS's high volatility reading comes with a low reading on the risk/reward indicator, meaning the coin has relatively wide price fluctuations and is well protected against price manipulation.

BitcoinPoS price is trading near resistance. With support around $0.00832282533337895 and resistance set at $0.013362426920138. This leaves BitcoinPoS with potential selling pressures ahead, as it may be stretching itself too far.

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 of these payments can vary from general use in the digital money subclass to more specific uses in some other subclasses.