Wabi (WABI) has been relatively more volatile compared to the crypto market. So far Wednesday, the Payment Tokens has advanced 56.9% to $0.002201979039.
Highly Volatile
InvestorsObservergives Wabi a high volatility rank of 94, placing it in the top 6% of cryptos on the market.
The Volatility Gauge analyzes which means that one day won’t define its volatility rank – a trend will.
WABI’s high volatility reading is paired 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.
Wabi price is in a favorable position going forward. With support at $-0.00266583578175027 and resistance at $0.0092892980903564. This positions Wabi with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.Â
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