ICOBID (ICOB) Rises 0.01%, Underperforms the Crypto Market Saturday

Saturday, May 27, 2023 05:22 PM | InvestorsObserver Analysts

ICOBID (ICOB) has been relatively less volatile when compared to other cryptocurrencies. So far Saturday, the crypto has increased 0.01% to $0.0002677928059.

InvestorsObserver is giving ICOBID a 14 Volatility Rank. Find out what this means to you and get the rest of the rankings on ICOBID!

Low Volatility

InvestorsObserver gives ICOBID a low volatility rank of 14, placing it in the bottom 14% of cryptos on the market.

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. ICOB's low volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.

ICOBID price is favorably positioned going forward. With support near $0.000264656840767129 and resistance near $0.000269762409328832. This positions ICOBID with room to run before facing selling pressures.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.

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