Monero (XMR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Digital Money has fallen 1.8% to $126.26.
InvestorsObserver is giving Monero a 27 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero!
The Volatility Gauge follows meaning that one day won’t make or break its rank.
XMR’s moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Monero price is in a favorable position going forward. With support set at $107.47 and resistance set at $137.25. This leaves Monero with room to run before facing selling pressures.
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