BitTorrent (BTTOLD) Falls 0.63%, Underperforms the Crypto Market Wednesday

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Wednesday, September 06, 2023 12:26 PM | InvestorsObserver Analysts

BitTorrent (BTTOLD) has been relatively more volatile when compared to other cryptocurrencies. So far Wednesday, the crypto has fallen 63.23% to $0.0001376532127.

volatility - 93
InvestorsObserver is giving BitTorrent a 93 Volatility Rank. Find out what this means to you and get the rest of the rankings on BitTorrent!

Highly Volatile

InvestorsObserver gives BitTorrent a high volatility rank of 93, placing it in the top 7% of cryptos on the market.

The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will.

BTTOLD's high volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.

BitTorrent price is in a good position going forward. With support at $0.0000104144561251862 and resistance near $0.000268683149994654. This positions BitTorrent with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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