Internet Computer (ICP) Falls 0.08%, Underperforms the Crypto Market Wednesday
Internet Computer ( ICP ) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Distributed Computing has fallen 8.39% to $6.39. InvestorsObserver is giving Internet Computer a 45 Volatility Rank. Find out what this means to you and get the rest of the rankings on Internet Computer! See Full Report Moderately Volatile InvestorsObserver gives Internet Computer a moderate volatility rank of 45, placing it in the bottom 45% of cryptos on the market. The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. ICP's moderate volatility reading is coupled 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 trading near resistance. With support at $5.82 and resistance at $6.53. This leaves Internet Computer with potential selling pressures ahead as it may be getting over extended. What is a Token? Tokens are digital assets that exist on another cryptocurrency's blockchain.