Monero (XMR) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the Digital Money has declined 1.17% to $139.94.
The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day.
XMR’s low volatility reading is paired 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 near $138.14 and resistance set at $141.14. This positions Monero with room to run before facing selling pressures.