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Iconic (ICON) is relatively less volatile compared to the cryptocurrency market. So far on Sunday, the cryptocurrency has fallen 1.58% to $0.007988914317.
low volatility
investor observer Iconic has a low volatility rank of 17, placing it in the bottom 17% of cryptocurrencies on the market.
A volatility gauge means that one day neither increases nor decreases its rank. The ICON’s low volatility reading, combined 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 symbolic price is trading near the resistance. Support near 0.00777958901306166 and resistance near 0.00804926929702534. This could put Iconic 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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