Bitblocks (BBK) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the crypto has gained 110.03% to $0.0009714504302.
InvestorsObserver is giving Bitblocks a 92 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitblocks!
Highly Volatile
InvestorsObserver gives Bitblocks a high volatility rank of 92, placing it in the top 8% of cryptos on the market.The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. BBK's high volatility reading pairs 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.
Bitblocks price is trading above resistance. With support at $0.000301520729150001 and resistance around $0.000782135884688545. This leaves Bitblocks out of range and potentially in a volatile position if the rally burns out.