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Wolf Game Wool (WOOL) Down 0.07% Wednesday: What's Next?

Wednesday, December 08, 2021 02:49 PM | InvestorsObserver Analysts
Wolf Game Wool (WOOL) Down 0.07% Wednesday: What's Next?

Wolf Game Wool (WOOL) has been relatively more volatile when compared to other cryptocurrencies. So far Wednesday, the crypto has dropped 7.34% to $0.04306015904.

volatility - 84
InvestorsObserver is giving Wolf Game Wool a 84 Volatility Rank. Find out what this means to you and get the rest of the rankings on Wolf Game Wool!

Highly Volatile

InvestorsObserver gives Wolf Game Wool a high volatility rank of 84, placing it in the top 16% of cryptos on the market.

The Volatility Gauge tracks the previous 60 days, meaning that one day won't make or break the score. WOOL'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.

Wolf Game Wool price is favorably positioned going forward. With support around $0.0206903104617258 and resistance set at $0.0623960548027416. This leaves Wolf Game Wool 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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