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Innovative Bioresearch Coin (INNBC) Falls 0.36%, Underperforms the Crypto Market Saturday

Saturday, March 05, 2022 12:47 PM | InvestorsObserver Analysts
Innovative Bioresearch Coin (INNBC) Falls 0.36%, Underperforms the Crypto Market Saturday

Innovative Bioresearch Coin (INNBC) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has dropped 35.59% to $0.00000008400975515.

volatility - 89
InvestorsObserver is giving Innovative Bioresearch Coin a 89 Volatility Rank. Find out what this means to you and get the rest of the rankings on Innovative Bioresearch Coin!

Highly Volatile

InvestorsObserver gives Innovative Bioresearch Coin a high volatility rank of 89, placing it in the top 11% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. INNBC's high volatility reading is paired 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.

Innovative Bioresearch Coin price is in a favorable position going forward. With support at $0.0000000499404820977595 and resistance around $0.000000102334908672879. This positions Innovative Bioresearch Coin with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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