Internet computer (PCI) has been relatively average in terms of volatility compared to other cryptocurrencies. Through Monday, the distributed software platform was down 4.27% to $16.7.
Moderately volatile
InvestorsObserver gives Internet Computer a moderate volatility ranking of 36, placing it in the bottom 36% of cryptos on the market.
The volatility gauge tracks which means a day will neither make nor break its rank. ICP’s moderate volatility reading pairs with a low reading on the risk/reward gauge, meaning the coin has moderate price swings and is well protected against price manipulation.
The price of Internet computers is favorably positioned in the future. With support around $15.67 and resistance around $17.11. This positions Internet Computer with some breathing room before facing selling pressures.
What is a room?
A coin is a cryptocurrency that exists on its own blockchain. these are usually used for payments. Depending on the cryptocurrency, the use of these payments can vary from general use in the digital currency subclass to more specific uses in certain other subclasses.
Stay in the know
Subscribe to our daily morning update newsletter and never miss market news, moves and more.
Thank you for signing up! You are ready to receive the Morning Update newsletter
