ICOBID (ICOB) Rises 1.95%, Underperforms the Crypto Market Sunday

Sunday, May 15, 2022 07:11 AM | InvestorsObserver Analysts

ICOBID (ICOB) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has added 1.95% to $0.0002988363754.

InvestorsObserver is giving ICOBID a 10 Volatility Rank. Find out what this means to you and get the rest of the rankings on ICOBID!

See Full Report

Low Volatility

InvestorsObserver gives ICOBID a low volatility rank of 10, placing it in the bottom 10% of cryptos on the market.

The Volatility Gauge takes into account meaning that one day won't make or break its rank. ICOB's low volatility reading comes 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 trading near resistance. With support at $0.00028612374549395 and resistance around $0.000301022665692853. This positions ICOBID with potential selling pressures ahead as it may be getting over extended.

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.