ILCOIN (ILC) has been relatively more volatile compared to the crypto market. So far Tuesday, the Digital Money has fallen 29.69% to $0.004690162989.
InvestorsObserver gives ILCOIN a high volatility rank of 79, placing it in the top 21% of cryptos on the market.
The Volatility Gauge follows meaning that one day won’t make or break its rank.
ILC’s high volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.
ILCOIN price is well positioned going forward. With support near $0.00324195343942325 and resistance set at $0.00548654654935877. This positions ILCOIN with room to run before facing selling pressures.
What is a Coin?
A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.
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