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Waves Community Token (WCT) Falls 0.03%, Underperforms the Crypto Market Thursday

Thursday, January 13, 2022 06:50 PM | InvestorsObserver Analysts
Waves Community Token (WCT) Falls 0.03%, Underperforms the Crypto Market Thursday

Waves Community Token (WCT) has been relatively less volatile when compared to other cryptocurrencies. So far Thursday, the crypto has dropped 2.98% to $0.127241131.

volatility - 14
InvestorsObserver is giving Waves Community Token a 14 Volatility Rank. Find out what this means to you and get the rest of the rankings on Waves Community Token!

Low Volatility

InvestorsObserver gives Waves Community Token a low volatility rank of 14, placing it in the bottom 14% of cryptos on the market.

The Volatility Gauge analyzes meaning that one day won't make or break its rank. WCT's low volatility reading comes 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.

Waves Community Token price is trading near resistance. With support set at $0.123022495403087 and resistance around $0.127809523238933. This positions Waves Community Token with potential selling pressures ahead as it may be getting over extended.

What is a Token?

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

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