ITO Utility Token (IUT) has been relatively less volatile when compared to other cryptocurrencies. So far Monday, the crypto has dropped 3.18% to $0.001254715053.
Low Volatility
InvestorsObserver gives ITO Utility Token a low volatility rank of 17, placing it in the bottom 17% of cryptos on the market.
The Volatility Gauge tracks the previous 60 days, meaning that one day won’t make or break the score.
IUT’s low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
ITO Utility Token price is favorably positioned going forward. With support around $0.00121736355961861 and resistance set at $0.00127514048384131. This leaves ITO Utility Token with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
