Waves Community Token (WCT) has been relatively less volatile when compared to other cryptocurrencies. So far Tuesday, the crypto has declined 1.67% to $0.1396579157.
Low Volatility
InvestorsObserver gives Waves Community Token a low volatility rank of 13, placing it in the bottom 13% of cryptos on the market.
The Volatility Gauge tracks the previous 60 days, meaning that one day won’t make or break the score.
WCT’s low volatility reading comes 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.
Waves Community Token price is favorably positioned going forward. With support around $0.132883422884564 and resistance set at $0.145727672490696. This leaves Waves Community Token with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
