Wrapped Bitcoin (WBTC) has been relatively less volatile when compared to other cryptocurrencies. So far Sunday, the Wrapped Tokens has fallen 0.93% to $28119.1.
InvestorsObserver is giving Wrapped Bitcoin a 14 Volatility Rank. Find out what this means to you and get the rest of the rankings on Wrapped Bitcoin!
The Volatility Gauge follows which means that one day won’t define its volatility rank – a trend will.
WBTC’s low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
Wrapped Bitcoin price is in a favorable position going forward. With support set at $27881.97 and resistance near $28284.26. This leaves Wrapped Bitcoin with room to run before facing selling pressures.
