ITO Utility Token (IUT) Rises 2.39%, Outperforms the Crypto Market Friday

    ITO Utility Token (IUT) has been relatively less volatile when compared to other cryptocurrencies. So far Friday, the crypto has added 2.39% to $0.001480853146, reaching a five-day high.

    volatility - 21
    InvestorsObserver is giving ITO Utility Token a 21 Volatility Rank. Find out what this means to you and get the rest of the rankings on ITO Utility Token!

    Low Volatility

    InvestorsObserver gives ITO Utility Token a low volatility rank of 21, placing it in the bottom 21% 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 is coupled 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 trading above resistance. With support around $0.00141796138170651 and resistance set at $0.00147793343323759. This leaves ITO Utility Token out of range and potentially in a volatile position if the rally burns out.

    What is a Token?

    Tokens are digital assets that exist on another cryptocurrency’s blockchain.

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