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Iconic (ICON) is relatively volatile compared to other cryptocurrencies. So far on Sunday, the cryptocurrency has gained 124.78% to $0.004469800084.
low volatility
investor observer We give Iconic a low volatility rank of 8, placing it in the bottom 8% of cryptocurrencies on the market.
The Volatility Gauge means that a day neither moves its rank up nor down. 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 above resistance, with support around $0.00198192352632208 and resistance at $0.0019952996468. This puts the Iconic out of bounds and potentially in a precarious position if the rally burns out.
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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