Blur (BLUR) Rises 3.18%, Outperforms the Crypto Market Wednesday

Wednesday, March 22, 2023 10:47 AM | InvestorsObserver Analysts

Blur (BLUR) 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 increased 3.18% to $0.5936277206.

InvestorsObserver is giving Blur a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on Blur!

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Highly Volatile

InvestorsObserver gives Blur a high volatility rank of 98, placing it in the top 2% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. BLUR's high volatility reading is paired 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.

Blur price is trading above resistance. With support at $0.552042161878225 and resistance at $0.591877078469869. This leaves Blur out of range and potentially in a volatile position if the rally burns out.