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IQ.cash (IQ), High Volatility and Rising Monday: Is it Time to Cash Out?

Monday, February 14, 2022 07:22 AM | InvestorsObserver Analysts
IQ.cash (IQ), High Volatility and Rising Monday: Is it Time to Cash Out?

IQ.cash (IQ) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has increased 38.52% to $0.003361103612.

volatility - 88
InvestorsObserver is giving IQ.cash a 88 Volatility Rank. Find out what this means to you and get the rest of the rankings on IQ.cash!

Highly Volatile

InvestorsObserver gives IQ.cash a high volatility rank of 88, placing it in the top 12% of cryptos on the market.

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. IQ's high volatility reading is coupled 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.

IQ.cash price is trading above resistance. With support around $0.00211251800400537 and resistance set at $0.00305270513971669. This leaves IQ.cash out of range and potentially in a volatile position if the rally burns out.

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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