Wen (WEN), High Volatility and Rising Friday: Is it Time to Cash Out?

Friday, March 29, 2024 09:34 AM | InvestorsObserver Analysts

Wen (WEN) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Friday, the crypto has added 1.48% to $0.0004070450282.

InvestorsObserver is giving Wen a 83 Volatility Rank. Find out what this means to you and get the rest of the rankings on Wen!

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Highly Volatile

InvestorsObserver gives Wen a high volatility rank of 83, placing it in the top 17% of cryptos on the market.

The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. WEN's high volatility reading pairs 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.

Wen price is favorably positioned going forward. With support set at $0.000359081299607045 and resistance at $0.00046687760935571. This positions Wen with room to run before facing selling pressures.