Wrapped Bitcoin (WBTC) gets a neutral rating from InvestorsObserver Saturday. The crypto is up 0.47% to $43345.82 while the broader crypto market is up 1.1%.
NeutralOver the last five days, Wrapped Bitcoin has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Wrapped Bitcoin over the past five days by volume and price movement.
The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.
Price LevelsWrapped Bitcoin is currently trading near its five-day high of $44225.5390625. The crypto is 1.99% off its five-day high and is 8.64% higher than its five-day low of $39898.14.
Wrapped Bitcoin price is trading near resistance. With support set around $42355.46 and resistance at $43598.28, could face selling pressures soon.
Wrapped Bitcoin has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.
What is a token?Tokens are digital assets that exist on another cryptocurrency's blockchain.
Due to a lack of data, this crypto may be less suitable for some investors.
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