Iconic (ICON) has been relatively less volatile when compared to other cryptocurrencies. So far Tuesday, the crypto has dropped 1.37% to $0.004663000029.
Low VolatilityInvestorsObserver gives Iconic a low volatility rank of 16, placing it in the bottom 16% of cryptos on the market.
The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. ICON's low volatility reading is coupled 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 in a favorable position going forward. With support around $0.00453869345665563 and resistance set at $0.00470616993561972. This positions Iconic with room to run before facing selling pressures.