Terra (LUNA) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Digital Money has advanced 4.43% to $56.67.
InvestorsObserver is giving Terra a 39 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 39, placing it in the bottom 39% of cryptos on the market.The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. LUNA's moderate volatility reading comes 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 trading above resistance. With support set at $52.4 and resistance around $55.3. This leaves Terra out of range and potentially in a volatile position if the rally burns out.