Bitgert (BRISE) has historically been more volatile than other cryptocurrencies. Thursday morning, the cryptocurrency has fallen 19.79 percent to $0.0000008632538843.
Highly Volatile InvestorsObserver ranks Bitgert as having a high volatility index of 85, putting it in the top 15% of all cryptocurrencies.
The Volatility Gauge follows this logic, which ensures that the rank accurately reflects recent volatility trends and is not unduly influenced by a single – or two – sharp surge in volatility. The high volatility of BRISE is paired with a low risk/reward ratio, indicating that the token has relatively large price fluctuations and is effectively shielded against price manipulation.
Bitgert’s price is currently in a favourable position. The support level is set at $0.000000713194315163175, while the resistance level is set at $0.000000916810170006695. This provides Bitgert some breathing room before succumbing to selling pressures.
What Exactly Is a Token?
Tokens are digital assets that reside on the blockchain of another cryptocurrency.
Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.