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According to recent market analysis, iBank (IBANK) is relatively less volatile than the cryptocurrency market. So far on Tuesday, the cryptocurrency has fallen 0.82% to 0.0005011958735.
low volatility
investor observer iBank has a low volatility rank of 9, placing it in the bottom 9% of cryptocurrencies on the market.
The volatility gauge takes into account that scores are defined by recent trends, not bad days. IBANK’s low volatility reading, coupled with the low reading of the risk/reward gauge, means that the coin’s price volatility is relatively small and well protected from price manipulation.
The iBank price is trading close to the resistance. Support near $0.000498459184291918 and resistance near $0.000501691746740747. This could put iBank under selling pressure as it could go on for a long time.
What are coins?
A coin is a cryptocurrency that lives on its own blockchain. These are typically used for payments. Depending on the cryptocurrency, the purposes for which these payments are used range from general use in subclasses of digital money to more specific use in other subclasses.
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