Monero (XMR) has been relatively less volatile when compared to other cryptocurrencies. So far Sunday, the Digital Money has advanced 1.39% to $149.25.
InvestorsObserver is giving Monero a 11 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 11, placing it in the bottom 11% of cryptos on the market.The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. XMR's low volatility reading is paired 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 at $145.77 and resistance at $148.61. This positions Monero out of range and potentially in a volatile position if the rally burns out.