Blockchain Cuties Universe Governance (BCUG) Falls 0.22%, Underperforms the Crypto Market Wednesday

Wednesday, April 05, 2023 05:24 PM | InvestorsObserver Analysts

Blockchain Cuties Universe Governance (BCUG) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the Art, Collectibles and Non-Fungible Tokens has declined 21.66% to $0.06789751326.

InvestorsObserver is giving Blockchain Cuties Universe Governance a 82 Volatility Rank. Find out what this means to you and get the rest of the rankings on Blockchain Cuties Universe Governance!

Highly Volatile

InvestorsObserver gives Blockchain Cuties Universe Governance a high volatility rank of 82, placing it in the top 18% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. BCUG's high volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.

Blockchain Cuties Universe Governance price is trading near resistance. With support at $0.0616851871117818 and resistance near $0.0685026248201597. This leaves Blockchain Cuties Universe Governance with potential selling pressures ahead as it may be getting over extended.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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