Monero (XMR) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Saturday, the Digital Money has lost 0.75% to $150.68.
The Volatility Gauge follows this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
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 around $148.86 and resistance set at $151.35. This leaves Monero with room to run before facing selling pressures.