Bitcoin Classic (BXC) receives a Neutral rating of InvestorsObserver Monday. The coin is down 23.8% to $0.02940324803, while the broader crypto market is down 1.69%.
For the past five days, Bitcoin Classic has received a neutral rating InvestorsObserver sentiment score. The Sentiment Score measures Bitcoin Classic’s performance over the past five days by volume and price movement.
The Sentiment Score provides a quick, short-term view of the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the pullback.
Bitcoin Classic is currently trading near its five-day low of $0.0263504907488823. The coin is 32.18% below its 5-day high and 11.59% above its 5-day low of $0.0263504907488823.
Bitcoin Classic price is currently below the support. With support around $0.0375635509113696 and resistance at $0.0398425307790663, Bitcoin Classic may be in a volatile zone as selling pushes the crypto’s price below recent support.
What is a coin?
A coin is a cryptocurrency that exists on its own blockchain. These are typically used for payments. Depending on the cryptocurrency, the usage of these payments can vary from general usage in the Digital Money subclass to more specific usage in some other subclasses.
Due to a lack of data, this crypto may be less suitable for some investors.
Click here to unlock the rest of the Bitcoin Classic report
Stay up to date
Subscribe to our daily morning update newsletter and don’t miss any major market news, moves and more.