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Wrapped Centrifuge (WCFG) Falls 0.06%, Underperforms the Crypto Market Saturday

Saturday, February 19, 2022 12:30 PM | InvestorsObserver Analysts
Wrapped Centrifuge (WCFG) Falls 0.06%, Underperforms the Crypto Market Saturday

Wrapped Centrifuge (WCFG) has been relatively less volatile compared to the crypto market. So far Saturday, the crypto has dropped 6.13% to $0.5400368744.

volatility - 24
InvestorsObserver is giving Wrapped Centrifuge a 24 Volatility Rank. Find out what this means to you and get the rest of the rankings on Wrapped Centrifuge!

Low Volatility

InvestorsObserver gives Wrapped Centrifuge a low volatility rank of 24, placing it in the bottom 24% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. WCFG's low volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.

Wrapped Centrifuge price is well positioned going forward. With support near $0.491402282415364 and resistance at $0.561123444734547. This positions Wrapped Centrifuge 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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