Wrapped Kava (WKAVA) rises 0.13%, outperforms the crypto market on Tuesday
Wrapped Kava (WKAVA) has been relatively average in terms of volatility compared to other cryptocurrencies. So far Tuesday, the crypto has gained 0.13% to $0.7722816543.
Moderately volatile
InvestorsObserver gives Wrapped Kava a moderate volatility rating of 25, placing it in the bottom 25% of cryptos on the market.
The volatility meter tracks this means the ranking represents recent trends and is not overly affected by a sudden spike – or two – in volatility. WKAVA’s moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning the token has moderate price fluctuations and is well protected from price manipulation.
Wrapped Kava price is in a favorable position going forward. With support around $0.757651000730209 and resistance near $0.786506026498489. This positions Wrapped Kava with room to run before he faces selling pressure.
What is a token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
