Worldcoin (WLD) Falls 0.11%, Underperforms the Crypto Market Tuesday

Tuesday, February 27, 2024 11:15 AM | InvestorsObserver Analysts

Worldcoin (WLD) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Governance has dropped 10.85% to $7.25.

InvestorsObserver is giving Worldcoin a 60 Volatility Rank. Find out what this means to you and get the rest of the rankings on Worldcoin!

Moderately Volatile

InvestorsObserver gives Worldcoin a moderate volatility rank of 60, placing it in the top 40% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. WLD's moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Worldcoin price is favorably positioned going forward. With support set at $6.47 and resistance around $7.92. This positions Worldcoin with room to run before facing selling pressures.

What is a Token?

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

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