Terra (LUNA) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the Digital Money has lost 3.22% to $49.24.
InvestorsObserver is giving Terra a 38 Volatility Rank. Find out what this means to you and get the rest of the rankings on Terra!
Moderately Volatile
InvestorsObserver gives Terra a moderate volatility rank of 38, placing it in the bottom 38% of cryptos on the market.The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. LUNA's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Terra price is in a good position going forward. With support at $47.61 and resistance at $50.31. This positions Terra with room to run before facing selling pressures.