Bitcoin Confidential (BC) has been relatively more volatile compared to the crypto market. So far Monday, the crypto has gained 23.24% to $0.000002319273067.
The Volatility Gauge follows this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
BC’s high volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.
Bitcoin Confidential price is trading above resistance. With support at $0.00000177898427031434 and resistance around $0.00000203393962314405. This positions Bitcoin Confidential out of range and potentially in a volatile position if the rally burns out.
Read More: Bitcoin Confidential (BC) Up 23.24% Monday: What’s Next?