Iconic (ICON) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Sunday, the crypto has increased 0.09% to $0.004185246628.
Low VolatilityInvestorsObserver gives Iconic a low volatility rank of 16, placing it in the bottom 16% of cryptos on the market.
The Volatility Gauge takes into account 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 well positioned going forward. With support around $0.00409150930613554 and resistance near $0.00424717568353093. This leaves Iconic with room to run before facing selling pressures.