Wrapped Bitcoin ($WBTC ) has seen a modest price increase of 1.043% in the past 24 hours.
Currently, it is trading between a high of 105,899 and a low of 104,451.31.
Support is identified at 104,686.57, while resistance looms at 105,899.
The RSI is at 60.43, indicating that WBTC is nearing overbought territory but isn't excessively so.
Market sentiment appears undefined, suggesting traders are cautious yet optimistic following the recent price uptick.
Should WBTC approach the resistance level, a breakout may occur if buying pressure continues; otherwise, a rejection could lead back to support.
No significant news has emerged that could drastically influence WBTC's price in the immediate term.
