Iconic (ICON) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the crypto has fallen 0.46% to $0.008061144686.
InvestorsObserver is giving Iconic a 19 Volatility Rank. Find out what this means to you and get the rest of the rankings on Iconic!
Low Volatility
InvestorsObserver gives Iconic a low volatility rank of 19, placing it in the bottom 19% of cryptos on the market.The Volatility Gauge analyzes meaning that one day won't make or break its rank. ICON's low volatility reading is paired 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.
Iconic price is favorably positioned going forward. With support around $0.00795186888822375 and resistance set at $0.00811267756321488. This positions Iconic with room to run before facing selling pressures.