Internet Computer (ICP) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Distributed Software Platform has dropped 3.51% to $6.54.
InvestorsObserver is giving Internet Computer a 50 Volatility Rank. Find out what this means to you and get the rest of the rankings on Internet Computer!
Moderately Volatile
InvestorsObserver gives Internet Computer a moderate volatility rank of 50, placing it in the top 50% of cryptos on the market.The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. ICP's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Internet Computer price is in a good position going forward. With support around $6 and resistance around $6.76. This leaves Internet Computer with room to run before facing selling pressures.