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Widercoin (WDR) Falls 0.38%, Underperforms the Crypto Market Thursday

Thursday, April 28, 2022 05:48 PM | InvestorsObserver Analysts
Widercoin (WDR) Falls 0.38%, Underperforms the Crypto Market Thursday

Widercoin (WDR) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Thursday, the crypto has fallen 38.46% to $0.00001360190745.

volatility - 88
InvestorsObserver is giving Widercoin a 88 Volatility Rank. Find out what this means to you and get the rest of the rankings on Widercoin!

Highly Volatile

InvestorsObserver gives Widercoin a high volatility rank of 88, placing it in the top 12% of cryptos on the market.

The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. WDR'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.

Widercoin price is in a good position going forward. With support set at $-0.000000852203055593395 and resistance at $0.0000273525382282504. This leaves Widercoin with room to run before facing selling pressures.

What is a Token?

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

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