MoneroV (XMV) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far on Sunday, the crypto is down 28.01% to $0.01507654403.
Investors MoneroV gives MoneroV an average volatility rating of 73, which puts it in the top 27% of the cryptocurrency in the market.
The volatility meter takes into account that this makes its score specific to recent trends, not a bad day. XMV moderate volatility reading pairs with a low risk/reward reading, meaning the currency has moderate price volatility and is well protected from price manipulation.
The price of MoneroV is positioned positively in the future. With support set at $0.0129188378689985 and resistance around $0.0158136492012243. This places MoneroV with room to run before facing the pressure of selling.
What is the currency?
A coin is a cryptocurrency that is on its own blockchain. These are commonly used for payments. Depending on the cryptocurrency, the use of these payments may vary from general use in the digital money sub-category to more specific uses in some other sub-category.