Wrapped EOS (WEOS) Neutral Sunday: What's Next?

Sunday, December 31, 2023 08:10 AM | InvestorsObserver Analysts

Wrapped EOS (WEOS) has been relatively less volatile compared to the crypto market. So far Sunday, the crypto stayed neutral at $4.6.

InvestorsObserver is giving Wrapped EOS a 13 Volatility Rank. Find out what this means to you and get the rest of the rankings on Wrapped EOS!

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Low Volatility

InvestorsObserver gives Wrapped EOS a low volatility rank of 13, placing it in the bottom 13% of cryptos on the market.

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. WEOS's low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.

Wrapped EOS price With support near $4.6 and resistance set at $4.6. This positions Wrapped EOS

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.