Monero

Place/Date: – January 22nd, 2023 at 11:44 am UTC · 4 min read Source: Snowfall Protocol The general crypto market has seen significant upward price movement for over a week. The total crypto market cap gained about $156 billion – and the price surge has raised interest in many innovative projects. Decentraland has bounced from key support levels, but Monero is still falling hard. Snowfall Protocol, a new cross-chain solution, is one of the top gainers, with more than 800% rise…. Source link

Monero receives a strong long-term technical score of 88 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. XMR currently holds a superior long-term technical analysis… Source link

The crypto market is back up again, and many cryptocurrencies are regaining their value gradually. However, it is normal to see weak cryptocurrencies drop in value while others are bullish. Recently, popular cryptocurrencies, Monero and Dash, have declined. Meanwhile, the Snowfall Protocol put joy in investors’ hearts with its steady rise in demand over the past few weeks. In fact, Dash investors are dumping hard for the Snowfall Protocol as experts are confident that it will rise by… Source link

Monero (XMR) gets a neutral rating from InvestorsObserver Friday. The Digital Money asset is up 4.5% to $173.76 while the broader crypto market is up 7.44%. Monero has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Neutral Over the last five days, Monero has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of… Source link

InvestorsObserver analysis gives Monero Classic a high risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range. InvestorsObserver is giving Monero Classic a high Risk/Reward Score. … Source link

Sabrina Martins Vieira Check out why Monero is still alive on market, even though you may not notice it anymore Contents But is Monero an ideal choice for illegal activities? Monero is not doing well, but it is not dead Monero (XMR) is one of the pioneering cryptocurrencies on the blockchain market, launched in 2014. It has gained popularity among individuals who prioritize privacy in their transactions. Despite its initial success, Monero has recently seen a decrease in mainstream media… Source link

Monero Classic (XMC) gets a neutral rating from InvestorsObserver Thursday. The coin is down 7.38% to $0.3628249902 while the broader crypto market is down 0.48%. Monero Classic has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Monero Classic! Neutral Over the last five days, Monero Classic has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score… Source link

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion XMR was in the oversold zone with high selling pressure but with a likely trend reversal. A sharp increase in open interest rates could influence trend reversal.  Monero (XMR) lost about 15% of its value to the current price correction. After reaching a peak of $188, the price correction pulled it down to around $160. At… Source link

Monero Classic (XMC) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the crypto has lost 3.82% to $0.3909767464. InvestorsObserver is giving Monero Classic a 96 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero Classic! Highly Volatile InvestorsObserver gives Monero Classic a high volatility rank of 96, placing it in… Source link

Monero’s hashrate faltered drastically in a matter of hours until press time. XMR was overbought, but the ADX trend could keep it in the green direction. Information from 2Miners.com revealed that the hashrate of Monero [XMR] had faltered at the time of writing. The hashrate measures the security and health of a blockchain network. So, Monero’s floundering hashrate signaled a threat to the security of the private blockchain.  Source: 2Miners How many are 1,10,100 XMRs… Source link