Monero Classic (XMC) has been relatively average in terms of volatility compared to other cryptocurrencies. So far on Sunday, the cryptocurrency has added 50.69% to $ 0.2061093787.
Moderately volatile
Observer Investors gives Monero Classic a moderate volatility range of 25, placing it in the bottom 25% of cryptocurrencies on the market.
The volatility indicator takes into account which means that one day it will not define your volatility range, but a trend. XMC's moderate volatility reading is combined with a low reading on the risk / reward indicator, which means that the coin has moderate price swings and is well protected against price manipulation.
Monero Classic price is trading above resistance. With support around $ 0.108358197622481 and resistance at $ 0.190220960192862. This puts Monero Classic out of range and potentially volatile if the rally dies down.
What is a coin?
A currency is a cryptocurrency that exists on its own blockchain. These are normally used for payments. Depending on the cryptocurrency, the use of those payments can range from general use in the Digital Money subclass to more specific uses in some other subclasses.
