Florin (XFL) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has declined 32.69% to $12.49.
Highly VolatileInvestorsObserver gives Florin a high volatility rank of 83, placing it in the top 17% of cryptos on the market.
The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. XFL's high volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.
Florin price is well positioned going forward. With support set at $9.14 and resistance at $14.13. This positions Florin with room to run before facing selling pressures.