Monero

XMR trades at $40 but could drop lower as the bearish trend thickens

XMR trades at $40 but could drop lower as the bearish trend thickens

Monero’s price remains above $140, but XMR could find it hard to maintain this position as the broader cryptocurrency continues to underperform. XMR, the native coin of the Monero ecosystem, is down by less than 1% over the last 24 hours and is currently trading at $140.66 per coin. The recent poor performance has erased the gains recorded earlier this week. XMR is down by… Source link

Read More »

Monero (XMR) has a Bearish Sentiment Score, is Falling, and Underperforming the Crypto Market Thursday: What’s Next?

Monero (XMR) has a Bearish Sentiment Score, is Falling, and Underperforming the Crypto Market Thursday: What’s Next?

Monero (XMR) gets a bearish rating from InvestorsObserver Thursday. The Digital Money asset is down 3.78% to $140.37 while the broader crypto market is down 0.64%. Monero has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Bearish Over the last five days, Monero has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the… Source link

Read More »

What is Monero? – Forbes Advisor Australia

At the time of writing in late October, Monero (XMR) is worth US$143.35 according to CoinMarketCap data. Monero’s market capitalisation (market cap) currently sits at US$2,651,700,339. Market cap is a cryptocurrency’s current price multiplied by its circulation supply. Monero has experienced a downward value trend in the past year. However, all cryptocurrencies across the board have experienced these lows lately. This is likely due to what is known as a ‘crypto winter’, which… Source link

Read More »

What is Monero? – Forbes Advisor Australia

At the time of writing in late October, Monero (XMR) is worth US$143.35 according to CoinMarketCap data. Monero’s market capitalisation (market cap) currently sits at US$2,651,700,339. Market cap is a cryptocurrency’s current price multiplied by its circulation supply. Monero has experienced a downward value trend in the past year. However, all cryptocurrencies across the board have experienced these lows lately. This is likely due to what is known as a ‘crypto winter’, which… Source link

Read More »

Monero: Traders looking to sell XMR have reason to consider the $152 level

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. A divergence between OBV and price suggests a bullish reversal Price action remained bearish on higher timeframes Monero [XMR] has been on a higher timeframe downtrend since late April. Since then, the price has not managed to break out above its previous lower highs. Above XMR lay formidable resistance zones at $150, $180, and $208.

Read More »

Monero shows a possible uptrend

According to several analysts, the price trend of Monero (XMR) shows signs of a possible bullish trend.  However, the same analysts urge caution in considering this hypothesis, but they do not hide the fact that the possibility of an uptrend is theoretically there.  Indeed, starting shortly after mid-July, the price of Monero has been continuing to hover around the $150 mark. In short, it has been sideways for three months now without ever falling below $135, and without rising above… Source link

Read More »

Monero shows a possible uptrend

According to several analysts, the price trend of Monero (XMR) shows signs of a possible bullish trend.  However, the same analysts urge caution in considering this hypothesis, but they do not hide the fact that the possibility of an uptrend is theoretically there.  Indeed, starting shortly after mid-July, the price of Monero has been continuing to hover around the $150 mark. In short, it has been sideways for three months now without ever falling below $135, and without rising above… Source link

Read More »

Monero Climbs 6% In Last 3 Days

Monero (XMR), an open-source cryptocurrency first focusing on privacy and decentralization, managed to initiate a price pump despite the greater majority of crypto space struggling to get out of the red zone. Monero managed to bounce back twice from its support range of $134.5 XMR remains “in the green” for its intraday, weekly and monthly price readings A surge all the way to $171 is possible for Monero if it moves past its current resistance range The… Source link

Read More »

Monero Climbs 6% In Last 3 Days

Monero (XMR), an open-source cryptocurrency first focusing on privacy and decentralization, managed to initiate a price pump despite the greater majority of crypto space struggling to get out of the red zone. Monero managed to bounce back twice from its support range of $134.5 XMR remains “in the green” for its intraday, weekly and monthly price readings A surge all the way to $171 is possible for Monero if it moves past its current resistance range The… Source link

Read More »