InvestorsObserver gives IQ.cash a high volatility rank of 98, placing it in the top 2% of cryptos on the market.
The Volatility Gauge takes into account meaning that one day won't make or break its rank.
IQ's high volatility reading is paired 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 set at $0.00580276815460437 and resistance set at $0.00612983374164814. This positions 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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