Monero (XMR) Rises 2.5%, Outperforms the Crypto Market Tuesday

Monero (XMR) has been relatively less volatile when compared to other cryptocurrencies. So far Tuesday, the Digital Money has increased 2.5% to $171.94.

InvestorsObserver is giving Monero a 14 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero!

Low Volatility

InvestorsObserver gives Monero a low volatility rank of 14, placing it in the bottom 14% of cryptos on the market.

The Volatility Gauge tracks which means that one day won’t define its volatility rank – a trend will.

XMR’s low volatility reading pairs 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.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.