Webflix Token (WFX) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has added 48.5% to $0.00003238381346.
Highly Volatile
InvestorsObserver gives Webflix Token a high volatility rank of 88, placing it in the top 12% of cryptos on the market.
The Volatility Gauge takes into account this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
WFX’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.
Webflix Token price is trading above resistance. With support near $0.0000180903358346162 and resistance near $0.000029235371221633. This leaves Webflix Token out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
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