Monero (XMR) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Thursday, the Digital Money has declined 1.88% to $139.85.
Low VolatilityInvestorsObserver gives Monero a low volatility rank of 23, placing it in the bottom 23% of cryptos on the market.
The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. 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 favorably positioned going forward. With support at $133.09 and resistance set at $143.16. This leaves Monero with room to run before facing selling pressures.