Iconic (ICON) Rises 0.09%, Outperforms the Crypto Market Sunday

Iconic (ICON) has been relatively less volatile than the crypto market according to a recent market analysis. So far on Sunday, the crypto is up 0.09% to $0.004185246628.

Investors Iconic gives a flip rank of 16. Find out what this means for you and get the rest of the rankings on Iconic!

low volatility

Investors Iconic gives a low volatility rank of 16, which puts it in the lowest 16% of cryptocurrencies in the market.

The volatility meter takes into account which means that one day it will not determine its own order of volatility – it will determine the trend. ICON’s low volatility reading is paired with a low reading on the risk/reward scale, meaning the coin has relatively tight price swings and is well protected from price gouging.

The iconic price is well positioned for the future. With support around 0.00409150930613554 and resistance near $0.00424717568353093. This leaves Iconic with room to run before facing the pressure of selling.

What is the currency?

A coin is a cryptocurrency that is on its own blockchain. These are commonly used for payments. Depending on the cryptocurrency, the use of these payments may vary from general use in the digital money sub-category to more specific uses in some other sub-category.