Monero (XMR) has been relatively less volatile compared to the crypto market. So far Tuesday, the Digital Money has lost 1.19% to $164.98.
The Volatility Gauge tracks which means that one day won’t define its volatility rank – a trend will.
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 well positioned going forward. With support at $161.95 and resistance at $166.91. This leaves Monero with room to run before facing selling pressures.