Monero (XMR) has been relatively less volatile when compared to other cryptocurrencies. So far Monday, the Digital Money has gained 0.95% to $144.36.
InvestorsObserver is giving Monero a 23 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 23, placing it in the bottom 23% of cryptos on the market.The Volatility Gauge takes into account meaning that one day won't make or break its rank. 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 near resistance. With support set at $140.54 and resistance around $144.47. This leaves Monero with potential selling pressures ahead as it may be getting over extended.