World Token (WORLD) Rises 32.57%, Outperforms the Crypto Market Saturday

Saturday, May 07, 2022 10:41 AM | InvestorsObserver Analysts

World Token (WORLD) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the crypto has gained 32.57% to $0.004299677176.

InvestorsObserver is giving World Token a 72 Volatility Rank. Find out what this means to you and get the rest of the rankings on World Token!

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Moderately Volatile

InvestorsObserver gives World Token a moderate volatility rank of 72, placing it in the top 28% of cryptos on the market.

The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. WORLD's moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

World Token price is trading above resistance. With support around $0.00284264947108498 and resistance set at $0.00403965718864968. This positions World Token out of range and potentially in a volatile position if the rally burns out.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.