Monero Classic (XMC) has been relatively more volatile when compared to other cryptocurrencies. So far Monday, the crypto has lost 7.92% to $0.4097766607.
InvestorsObserver is giving Monero Classic a 97 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero Classic!
Highly Volatile
InvestorsObserver gives Monero Classic a high volatility rank of 97, placing it in the top 3% of cryptos on the market.The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. XMC's high volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.
Monero Classic price is trading near resistance. With support near $0.382141913572498 and resistance around $0.414401824871249. This leaves Monero Classic with potential selling pressures ahead as it may be getting over extended.