Bionic (BNC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the crypto has added 79.71% to $0.00007992083576.
Moderately Volatile
InvestorsObserver gives Bionic a moderate volatility rank of 73, placing it in the top 27% of cryptos on the market.
The Volatility Gauge analyzes which means that one day won’t define its volatility rank – a trend will.
BNC’s moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
Bionic price is trading above resistance. With support at $0.0000319293723586649 and resistance at $0.0000690196722425223. This leaves Bionic 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.