ownix (ONX) has been relatively less volatile than the crypto market according to recent market analysis. So far on Thursday, the crypto is up 0.01% to $0.1050062043.
![volatility - 1](https://i0.wp.com/s3.amazonaws.com/images.investorsobserver.com/ads/score-charts/bars/score-bar-chart-light-1.jpg?ssl=1)
low volatility
InvestorsObserver gives ownix a low volatility range of 1, putting it in the bottom 1% of cryptocurrencies on the market.
The volatility indicator follows this, which means that the range represents your recent trends and is not influenced too much by a sudden spike, or two, in volatility. ONX's low volatility reading comes with a low reading on the risk/reward indicator, which means that the token has relatively narrow price fluctuations and is well protected against price manipulation.
The ownix price is well positioned in the future. With support near $0.104937019113835 and resistance near $0.105058701996144. This leaves ownix with room to run before facing selling pressures.
What is a token?
Tokens are digital assets that exist on the blockchain of another cryptocurrency.