Monero (XMR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Digital Money has increased 1.83% to $230.94.
InvestorsObserver is giving Monero a 33 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero!
Moderately Volatile
InvestorsObserver gives Monero a moderate volatility rank of 33, placing it in the bottom 33% of cryptos on the market.The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. XMR's moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Monero price is well positioned going forward. With support set at $217.86 and resistance at $235.37. This positions Monero with room to run before facing selling pressures.