Monero Classic (XMC) has been relatively more volatile compared to the crypto market. So far Sunday, the crypto has gained 93.2% to $0.1138168571.
Highly Volatile
InvestorsObserver gives Monero Classic a high volatility rank of 85, placing it in the top 15% of cryptos on the market.
The Volatility Gauge analyzes meaning that one day won’t make or break its rank.
XMC’s high volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the crypto has relatively wide price swings and is well protected from price manipulation.
Monero Classic price is trading above resistance. With support set at $0.0332203756108813 and resistance near $0.106306588931375. This positions Monero Classic out of range and potentially in a volatile position if the rally burns out.
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