Bitcoin Cash (BCH) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Digital Money has gained 3.54% to $246.68.
The Volatility Gauge follows meaning that one day won’t make or break its rank.
BCH’s moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Bitcoin Cash price is trading above resistance. With support at $233.21 and resistance at $245.37. This positions Bitcoin Cash out of range and potentially in a volatile position if the rally burns out.