Wrapped Bitcoin (WBTC) Down 0% Sunday: What’s Next? – InvestorsObserver

  • Home
  • Bitcoin News
  • Wrapped Bitcoin (WBTC) Down 0% Sunday: What’s Next? – InvestorsObserver

Wrapped Bitcoin (WBTC) Down 0% Sunday: What’s Next? – InvestorsObserver

Posted by admin | December 11, 2022 | Bitcoin News
Spread the love

News Home

Sunday, December 11, 2022 12:25 PM | InvestorsObserver Analysts

Wrapped Bitcoin (WBTC) Down 0% Sunday: What's Next?

Wrapped Bitcoin (WBTC) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Sunday, the Wrapped Tokens has lost 0.07% to $17141.25.

volatility - 12

InvestorsObserver is giving Wrapped Bitcoin a 12 Volatility Rank. Find out what this means to you and get the rest of the rankings on Wrapped Bitcoin!

Low Volatility

InvestorsObserver gives Wrapped Bitcoin a low volatility rank of 12, placing it in the bottom 12% of cryptos on the market.

The Volatility Gauge follows meaning that one day won’t make or break its rank. 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 good position going forward. With support set at $17080.46 and resistance near $17181.34. This positions Wrapped Bitcoin with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency’s blockchain.

Stay In The Know

Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.

Related Articles

You May Also Like

Tags
,

Related News

scapesmania-integrates-casual-gaming-with-blockchain-technology-–-cryptopotato
Posted by admin | April 19, 2024
ScapesMania Integrates Casual Gaming with Blockchain Technology – CryptoPotato
[PRESS RELEASE – Seychelles, Mahe, April 19th, 2024] ScapesMania, a new project in the blockchain space, is set to engage with the burgeoning casual gaming market, which is projected to...
Likes
mike-tyson-joins-boxing-blockchain-project-–-crypto.news
Posted by admin | April 19, 2024
Mike Tyson joins boxing blockchain project – crypto.news
Boxing legend Mike Tyson has partnered with the blockchain project for boxers Ready To Fight. According to a press release, the strategic alliance comes as Ready To Fight (RTF) prepares...
Likes
telegram’s-sticker-and-emoji-nfts-to-debut-on-ton-blockchain-–-crypto-briefing
Posted by admin | April 19, 2024
Telegram’s sticker and emoji NFTs to debut on TON blockchain – Crypto Briefing
The move follows Telegram's successful tokenization of usernames and anonymous numbers. Telegram is set to tokenize its stickers and emojis, transforming them into non-fungible tokens (NFTs) on the TON blockchain, said...
Likes