Iconic (ICON) Rises 0.11%, Outperforms Crypto Market on Saturday
Iconic (ICON) has been relatively average in terms of volatility compared to other cryptocurrencies. So far on Saturday, the crypto has added 0.11% to $0.0104298886.
InvestorsObserver gives Iconic a moderate volatility ranking of 27, placing it in the bottom 27% of cryptos on the market.
The Volatility Gauge analyzes which means a day will neither make nor break its rank. ICON’s Moderate Volatility reading is paired with a low reading on the Risk/Reward Gauge, which means the coin has moderate price fluctuations and is well protected against price manipulation.
The iconic price is favorably positioned going forward. With support near $0.0102689463257562 and resistance at $0.0106047449245821. This gives Iconic some breathing room before it faces selling pressure.
What is a room?
A coin is a cryptocurrency that exists on its own blockchain. these are usually used for payments. Depending on the cryptocurrency, the use of these payments can vary from general use in the digital currency subclass to more specific uses in certain other subclasses.
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