IOTA (MIOTA) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Digital Money has declined 5.38% to $0.3197443612.
InvestorsObserver is giving IOTA a 29 Volatility Rank. Find out what this means to you and get the rest of the rankings on IOTA!
Moderately Volatile
InvestorsObserver gives IOTA a moderate volatility rank of 29, placing it in the bottom 29% of cryptos on the market.The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day. MIOTA's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
IOTA price is trading near resistance. With support around $0.311050402864673 and resistance at $0.321305650219181. This positions IOTA with potential selling pressures ahead as it may be getting over extended.