IOTA (MIOTA) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the Digital Money has advanced 6.12% to $1.17.
InvestorsObserver is giving IOTA a 20 Volatility Rank. Find out what this means to you and get the rest of the rankings on IOTA!
Low Volatility
InvestorsObserver gives IOTA a low volatility rank of 20, placing it in the bottom 20% of cryptos on the market.The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. MIOTA's low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
IOTA price is trading above resistance. With support set at $1.07 and resistance near $1.14. This positions IOTA out of range and potentially in a volatile position if the rally burns out.