Monero (XMR) has been relatively less volatile compared to the crypto market. So far Tuesday, the Digital Money has lost 0.46% to $152.96.
InvestorsObserver is giving Monero a 10 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero!
The Volatility Gauge analyzes meaning that one day won’t make or break its rank.
XMR’s low volatility reading pairs 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 in a good position going forward. With support at $151.35 and resistance set at $154.88. This positions Monero with room to run before facing selling pressures.