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Garlicoin (GRLC) Down 0.21% Saturday: What's Next?

Saturday, March 25, 2023 09:52 AM | InvestorsObserver Analysts
Garlicoin (GRLC) Down 0.21% Saturday: What's Next?

Garlicoin (GRLC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the crypto has declined 21.22% to $0.01067105085.

volatility - 71
InvestorsObserver is giving Garlicoin a 71 Volatility Rank. Find out what this means to you and get the rest of the rankings on Garlicoin!

Moderately Volatile

InvestorsObserver gives Garlicoin a moderate volatility rank of 71, placing it in the top 29% of cryptos on the market.

The Volatility Gauge follows meaning that one day won't make or break its rank. GRLC's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

Garlicoin price is well positioned going forward. With support at $0.00758861243320369 and resistance at $0.0119658704434123. This positions Garlicoin 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.

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