BitCapitalVendor (BCV) has been relatively less volatile when compared to other cryptocurrencies. So far Tuesday, the crypto has declined 0.01% to $0.0001328976089.
Low Volatility
InvestorsObserver gives BitCapitalVendor a low volatility rank of 1, placing it in the bottom 1% of cryptos on the market.
The Volatility Gauge takes into account this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
BCV’s low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
BitCapitalVendor price is in a favorable position going forward. With support set at $0.000132874565980464 and resistance at $0.000132918760147013. This positions BitCapitalVendor 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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