Monero (XMR) has been relatively less volatile compared to the crypto market. So far Saturday, the Digital Money has added 1.87% to $150.71.
InvestorsObserver is giving Monero a 22 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero!
Low Volatility
InvestorsObserver gives Monero a low volatility rank of 22, placing it in the bottom 22% of cryptos on the market.The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. XMR's low volatility reading is coupled 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.
Monero price is trading above resistance. With support near $144.94 and resistance at $150.18. This leaves Monero out of range and potentially in a volatile position if the rally burns out.