Internet Computer (ICP) volatility is relatively average compared to other cryptocurrencies. As of Sunday, the art, collectibles and non-fungible token had fallen 3.38% to $12.37.
Medium volatility
investor observer Internet Computer has a moderate volatility ranking of 41, which puts it in the bottom 41% of cryptocurrencies on the market.
The implication of the volatility indicator is that one day does not determine its ranking. ICP’s volatility readings are moderate and its risk/reward metric readings are low, which means the coin has moderate price volatility and is well protected from price manipulation.
Internet computer prices are well positioned going forward. The support is $11.55 and the resistance is $12.81. This gives Internet computers room to run before facing selling pressure.
What is a token?
Tokens are digital assets that exist on the blockchain of another cryptocurrency.