Bitcoin Confidential (BC) has been relatively more volatile when compared to other cryptocurrencies. So far Friday, the crypto has advanced 20.09% to $0.0000033199451.
The Volatility Gauge follows which means that one day won’t define its volatility rank – a trend will.
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 set at $0.00000257741446067778 and resistance around $0.00000308251962370671. This leaves Bitcoin Confidential out of range and potentially in a volatile position if the rally burns out.