Iridium (IRD) has been relatively more volatile compared to the crypto market. So far Thursday, the Digital Money has advanced 44.5% to $0.01471142108.
InvestorsObserver is giving Iridium a 80 Volatility Rank. Find out what this means to you and get the rest of the rankings on Iridium!
Highly Volatile
InvestorsObserver gives Iridium a high volatility rank of 80, placing it in the top 20% of cryptos on the market.The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. IRD's high volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.
Iridium price is trading above resistance. With support near $0.00759411909195359 and resistance set at $0.0135324804908293. This positions Iridium out of range and potentially in a volatile position if the rally burns out.