Monero (XMR) has been relatively less volatile compared to the crypto market. So far Monday, the Digital Money has added 0.47% to $153.8.
InvestorsObserver is giving Monero a 14 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero!
The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day.
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 trading near resistance. With support near $152.44 and resistance around $153.94. This positions Monero with potential selling pressures ahead as it may be getting over extended.