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WABnetwork (WAB) Rises 83.38%, Outperforms the Crypto Market Saturday

Saturday, December 04, 2021 02:46 PM | InvestorsObserver Analysts
WABnetwork (WAB) Rises 83.38%, Outperforms the Crypto Market Saturday

WABnetwork (WAB) has been relatively more volatile when compared to other cryptocurrencies. So far Saturday, the crypto has gained 83.38% to $0.000009882189978, reaching a five-day high.

volatility - 93
InvestorsObserver is giving WABnetwork a 93 Volatility Rank. Find out what this means to you and get the rest of the rankings on WABnetwork!

Highly Volatile

InvestorsObserver gives WABnetwork a high volatility rank of 93, placing it in the top 7% of cryptos on the market. The Volatility Gauge tracks the previous 60 days, meaning that one day won't make or break the score. WAB'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. WABnetwork price is trading above resistance. With support around $0.00000326023673245592 and resistance set at $0.00000950701241584985. This leaves WABnetwork out of range and potentially in a volatile position if the rally burns out.

What is a Token?

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

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