Internet Computer (ICP) fell 0.01% on Monday, underperforming the cryptocurrency market

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Monday, March 11, 2024 07:44 AM | Investors Observer Analyst

Internet Computer (ICP) fell 0.01% on Monday, underperforming the cryptocurrency market

Internet Computer (ICP) volatility is relatively average compared to other cryptocurrencies. As of Monday, the art, collectibles and non-fungible tokens had fallen 1.03% to $14.38.

Volatility - 42
investor observer Internet Computer is given a volatility ranking of 42. Find out what this means to you and get the rest of the rankings on Computers on the Internet!

Medium volatility

investor observer Internet Computer has a moderate volatility with a ranking of 42, placing it in the bottom 42% of cryptocurrencies on the market.

The volatility indicator defines its score based on recent trends rather than a bad day. ICP’s moderate volatility reading coupled with lower readings on the risk/reward metric means that the coin has moderate price volatility and is well protected from price manipulation.

Internet computer prices are well positioned going forward. Support is near $13.71 and resistance is near $14.8. That 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.

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