Wrapped Kava (WKAVA) Falls 0.91%, Underperforms the Crypto Market Friday

Friday, November 03, 2023 07:49 AM | InvestorsObserver Analysts

Wrapped Kava (WKAVA) has been relatively more volatile when compared to other cryptocurrencies. So far Friday, the crypto has declined 90.79% to $0.6809927317.

InvestorsObserver is giving Wrapped Kava a 97 Volatility Rank. Find out what this means to you and get the rest of the rankings on Wrapped Kava!

Highly Volatile

InvestorsObserver gives Wrapped Kava a high volatility rank of 97, placing it in the top 3% of cryptos on the market.

The Volatility Gauge tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. WKAVA's high volatility reading is coupled 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.

Wrapped Kava price With support set at $1.42 and resistance around $3.98. This positions Wrapped Kava

What is a Token?

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

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