Internet Computer (ICP) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Distributed Computing has fallen 8.39% to $6.39.
Moderately VolatileInvestorsObserver gives Internet Computer a moderate volatility rank of 45, placing it in the bottom 45% of cryptos on the market.
The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. ICP's moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
Internet Computer price is trading near resistance. With support at $5.82 and resistance at $6.53. This leaves Internet Computer with potential selling pressures ahead as it may be getting over extended.