Monero (XMR) has a Neutral Sentiment Score, is Rising, and Underperforming the Crypto Market Sunday: What’s Next?

Monero (XMR) gets a neutral rating from InvestorsObserver Sunday. The crypto is up 1.72% to $166.19 while the broader crypto market is up 0.87%.

Monero has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Monero!

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Monero price is trading near resistance. With support set around $161.13 and resistance at $167.31, could face selling pressures soon.

Monero has traded on low volume recently. This means that today’s volume is below its average volume over the past seven days.

Due to a lack of data, this crypto may be less suitable for some investors.