ICOBID (ICOB) has been relatively less volatile than the crypto market according to recent market analysis. As of Friday, the crypto has increased by 0.12% to $0.0002311000171.
Low Volatility
InvestorObserver gives ICOBID a low volatility rating of 9, placing it below 9% of cryptos on the market.
The Volatility Gauge takes into account the meaning that a single day will not determine the volatility rating – the trend will. ICOB has a low volatility reading coupled with a low reading on the Risk/Reward Gauge, which means that the coin has relatively narrow price swings and is also protected from price manipulation.
ICOBID price is in a good position going forward. With support set at $0.000229166847837499 and resistance near $0.0002324249925533. This leaves ICOBID with room to run before facing selling pressure.
What is Coin?
A coin is a cryptocurrency that exists on its own blockchain. this is usually used for payment. Depending on the cryptocurrency, what these payments are used for can vary from general usage in the Digital Money sub-class to more specific usage in some other sub-classes.
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