bAlpha (BALPHA) has been relatively more volatile compared to the crypto market. So far Saturday, the crypto has advanced 64.5% to $31.62.
Highly Volatile
InvestorsObserver gives bAlpha a high volatility rank of 89, placing it in the top 11% of cryptos on the market.
The Volatility Gauge analyzes this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
BALPHA’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.
bAlpha price is trading above resistance. With support at $14.87 and resistance set at $27.88. This leaves bAlpha out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
