Monero

Monero Price Analysis: 22 January

Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Bitcoin’s fall on the price charts had a lasting impact on many of the market’s altcoins. Privacy coin Monero saw its price drop dramatically, with XMR registering losses to the tune of close to 20 percent. In the coming days, it will be interesting to see if Monero is able to recover its sudden losses. Interestingly, despite the substantial drop in price… Source link

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Massive sell-off for the privacy market

The entire cryptocurrency market lost more than $100 billion in market capitalization. Privacy coins didn’t survive either losing more than 10% of their value within the past 24 hours. Monero price is down by 10% following Bitcoin’s bearish rally. Similarly, Dash and Zcash also lost around 10% of their price in the past 24 hours and have established short-term downtrends.  Monero price can quickly fall towards $120 On the 3-day chart, Monero was trading… Source link

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Monero Vs. ZCash: The Definitive Comparision

@poutintsevFilip Poutintsev Crypto Currency, Anarcho-Capitalism and Life Extension Advocate. www.poutintsev.com Monero (XMR) and ZCash (ZEC) are the two most popular privacy-centric peer-to-peer crypto-networks of confidential value circulation (or crypto-hawalas, if you will). Although both in practice conceal sender, receiver, amounts and balances, they implement very different mechanisms and protocols and work in altogether different ways to achieve that. We’ve already covered both in two… Source link

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Monero Primed to Surge 20%, Outperforming Privacy Coin Competition

Key Takeaways Monero outperformed all other privacy coins in 2020. Although it took a significant nosedive recently, prices seem ready to regain lost ground. By breaking out of a symmetrical triangle, XMR aims for a 20% price increase. Share this article Monero outperformed all other privacy-centric altcoins in 2020 with a 249% price increase despite tightened regulation. Following its excellent performance in 2020, XMR looks primed for further gains. Leading the Privacy Coins… Source link

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Monero outperforms all other privacy-centric coins in 2020, now XMR price prepares for a 25% move

Monero leads privacy-oriented coins in year-on-year growth, up 249% in 2020. A symmetrical triangle pattern hints at a possible upswing to $200 following the ongoing consolidation. Monero, a $2.7 billion cryptocurrency performed incredibly well in 2020, leaving other privacy-oriented coins in the dust. According to Messari, a cryptocurrency analysis platform, XMR is up 249% year-on-year and is trading at $155. Decred emerged as the second best-performing privacy… Source link

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Monero, Dash, and Zcash rebound strongly, outperforming other altcoins

Monero bulls are focused on reclaiming the lost ground as eyes shift to $200. Zcash massively leads recovery among privacy-focused coins while drawing closer to the yearly high. Dash has reversed from the support at $100; buyers have eyes on $140 and $160, respectively. Bitcoin’s plunge to $30,000 negatively impacted altcoins at the beginning of the week. However, privacy-oriented coins managed to reverse the trend quickly, leading to a recovery in the market. Dash is… Source link

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Monero Price Rises as Bulls Eye $200

Monero price is up by more than 7% as investors react to the ongoing tech censorship in the United States. The XMR price is trading at $169, which is higher than yesterday’s low of $142. Other privacy cryptocurrencies like Dash, Tezos, and ZCash have also bounced back.  The background: For starters, Monero is the biggest privacy-focused digital currency with a market cap of more than $3 billion, making it the 15th biggest digital currency in the world…. Source link

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XMR rejected at higher levels, 200-SMA support holds the key

XMR/USD hit the highest levels in nine days at $165.66. The coin broke the rising channel to the upside on the 4H chart.  RSI recedes from the overbought territory but stays bullish. Monero (XMR/USD) witnessed a quick retracement from nine-day highs of $165.66, holding a major part of the intraday gains so far this Sunday. The digital asset saw a fresh spurt of buying after it recaptured the critical 100 and 200-simple moving averages (SMA) on the four-hour

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XMR’s uptrend could be jeopardized leading to a steep correction

Monero price is consolidating within an ascending parallel channel, hinting at a crash after a small bullish impulse. If validated, XMR could drop by more than 25% to revisit the $115 support level. Monero seems to be forming a massive bearish pattern that could see its price lose some of the gains made recently. Everything will depend on its ability to remain trading above the $135 support level. Monero price’s bearish outlook overshadows the recent… Source link

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Monero on Uniswap? BTSE Issues Wrapped Monero on Ethereum – Crypto Briefing

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or… Source link

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