Zero Utility Token (ZUT) has been relatively less volatile when compared to other cryptocurrencies. So far Wednesday, the Art, Collectibles and Non-Fungible Tokens has gained 6.57% to $262.86.
Low VolatilityInvestorsObserver gives Zero Utility Token a low volatility rank of 13, placing it in the bottom 13% of cryptos on the market.
The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. ZUT's low volatility reading is paired 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.
Zero Utility Token price is trading above resistance. With support near $243.58 and resistance set at $252.13. This leaves Zero Utility Token out of range and potentially in a volatile position if the rally burns out.