Bitcoin Confidential (BC) has been relatively more volatile when compared to other cryptocurrencies. So far Friday, the crypto has dropped 22.93% to $0.000008397747928.
The Volatility Gauge takes into account meaning that one day won’t make or break its rank.
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 well positioned going forward. With support set at $0.00000300086343789466 and resistance at $0.0000113245839596248. This positions Bitcoin Confidential with room to run before facing selling pressures.