IG Gold (IGG) Rises 2.94%, Outperforms the Crypto Market Tuesday

Tuesday, July 05, 2022 08:03 AM | InvestorsObserver Analysts

IG Gold (IGG) has been relatively more volatile compared to the crypto market. So far Tuesday, the crypto has added 2.94% to $0.0001160199202.

InvestorsObserver is giving IG Gold a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on IG Gold!

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Highly Volatile

InvestorsObserver gives IG Gold a high volatility rank of 98, placing it in the top 2% of cryptos on the market.

The Volatility Gauge analyzes meaning that one day won't make or break its rank. IGG's high volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.

IG Gold price is trading near resistance. With support at $0.000108991976419771 and resistance set at $0.000116675511351628. This positions IG Gold with potential selling pressures ahead as it may be getting over extended.