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Webcoin (WEB) Rises 95.08%, Outperforms the Crypto Market Sunday

Sunday, February 13, 2022 01:33 PM | InvestorsObserver Analysts
Webcoin (WEB) Rises 95.08%, Outperforms the Crypto Market Sunday

Webcoin (WEB) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has added 95.08% to $0.0001157771844.

volatility - 91
InvestorsObserver is giving Webcoin a 91 Volatility Rank. Find out what this means to you and get the rest of the rankings on Webcoin!

Highly Volatile

InvestorsObserver gives Webcoin a high volatility rank of 91, placing it in the top 9% of cryptos on the market.

The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. WEB'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.

Webcoin price is trading above resistance. With support at $0.0000388377735731269 and resistance near $0.0000990776676558967. This leaves Webcoin 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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