Wrapped Bitcoin (WBTC) Rises 0.04%, Underperforms the Crypto Market Sunday


Wrapped Bitcoin (WBTC) has been relatively less volatile compared to the crypto market. So far Sunday, the Wrapped Tokens has gained 0.04% to $27910.97.

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 this makes its score defined by recent trends, rather than a bad day.

WBTC’s low volatility reading pairs 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 at $27867.89 and resistance near $27953.67. This positions Wrapped Bitcoin with room to run before facing selling pressures.



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