Terra (LUNA) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the Digital Money has advanced 15.03% to $84.14.
InvestorsObserver is giving Terra a 24 Volatility Rank. Find out what this means to you and get the rest of the rankings on Terra!
Low Volatility
InvestorsObserver gives Terra a low volatility rank of 24, placing it in the bottom 24% of cryptos on the market.The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. LUNA'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.
Terra price is trading above resistance. With support set at $69.44 and resistance near $79.71. This leaves Terra out of range and potentially in a volatile position if the rally burns out.