BitTorrent-New (BTT) has been relatively less volatile compared to the crypto market. So far Wednesday, the Distributed Computing has dropped 0.46% to $0.000001916894221.
Low Volatility
InvestorsObserver gives BitTorrent-New a low volatility rank of 12, placing it in the bottom 12% of cryptos on the market.
The Volatility Gauge tracks this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
BTT’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.
BitTorrent-New price is favorably positioned going forward. With support around $0.00000188868925779348 and resistance set at $0.0000019300819532869. This leaves BitTorrent-New 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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