Internet Computer (ICP) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the Distributed Software Platform has dropped 4.83% to $7.
InvestorsObserver is giving Internet Computer a 48 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 48, placing it in the bottom 48% of cryptos on the market.The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. ICP's moderate volatility reading is coupled 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 trading near resistance. With support set at $6.4 and resistance near $7.18. This positions Internet Computer with potential selling pressures ahead as it may be getting over extended.