Block-Logic (BLTG) Falls 0.48%, Underperforms the Crypto Market Thursday

Thursday, March 31, 2022 03:31 PM | InvestorsObserver Analysts

Block-Logic (BLTG) has been relatively more volatile when compared to other cryptocurrencies. So far Thursday, the crypto has fallen 48.43% to $0.00412183719.

InvestorsObserver is giving Block-Logic a 92 Volatility Rank. Find out what this means to you and get the rest of the rankings on Block-Logic!

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Highly Volatile

InvestorsObserver gives Block-Logic a high volatility rank of 92, placing it in the top 8% of cryptos on the market.

The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. BLTG'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.

Block-Logic price is well positioned going forward. With support at $0.00154399736024261 and resistance set at $0.0062565422075224. This positions Block-Logic with room to run before facing selling pressures.

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, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.