Bolivarcoin (BOLI) has been relatively more volatile when compared to other cryptocurrencies. So far Saturday, the crypto has lost 23.06% to $0.004653980787.
The Volatility Gauge tracks this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
BOLI’s high volatility reading is paired 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.
Bolivarcoin price is in a favorable position going forward. With support around $0.00301567749594586 and resistance set at $0.00613327376087444. This leaves Bolivarcoin with room to run before facing selling pressures.