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ILCOIN (ILC) Falls 0.52%, Underperforms the Crypto Market Saturday

Saturday, May 21, 2022 07:44 AM | InvestorsObserver Analysts
ILCOIN (ILC) Falls 0.52%, Underperforms the Crypto Market Saturday

ILCOIN (ILC) has been relatively more volatile compared to the crypto market. So far Saturday, the Digital Money has fallen 51.54% to $0.003086558983.

volatility - 78
InvestorsObserver is giving ILCOIN a 78 Volatility Rank. Find out what this means to you and get the rest of the rankings on ILCOIN!

Highly Volatile

InvestorsObserver gives ILCOIN a high volatility rank of 78, placing it in the top 22% of cryptos on the market.

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. ILC's high volatility reading pairs 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.

ILCOIN price is trading near support. With support at $0.00286180020940171 and resistance set at $0.00395216474008427. This leaves ILCOIN space to rally before hitting resistance.

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.

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