Internet Computer (ICP) Rises 0.25%, Outperforms the Crypto Market Sunday – InvestorsObserver
Internet Computer (ICP) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the Smart Contracts has advanced 0.25% to $4.23.
Moderately Volatile
InvestorsObserver gives Internet Computer a moderate volatility rank of 36, placing it in the bottom 36% of cryptos on the market.
The Volatility Gauge takes into account meaning that one day won’t make or break its rank. ICP’s moderate volatility reading pairs 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 favorably positioned going forward. With support set at $4.12 and resistance set at $4.33. This leaves Internet Computer 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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