Internet Computer (ICP) has been relatively average in terms of volatility compared to other cryptocurrencies. So far on Saturday, smart contracts have added 12.51% to $4.96.
InvestorsObserver gives Internet Computer a moderate volatility range of 35, putting it in the bottom 35% of cryptocurrencies on the market.
The volatility indicator tracks this and makes your score defined by recent trends, rather than one bad day. ICP’s moderate volatility reading is combined with a low reading on the risk/reward indicator, which means that the token has moderate price fluctuations and is well protected against price manipulation.
Internet Computer price is trading above resistance. With support at $4.3 and resistance set at $4.58. This leaves Internet Computer out of reach and potentially in a volatile position if the rally peters out.
What is a token?
Tokens are digital assets that exist on the blockchain of another cryptocurrency.
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