Monero

Monero receives a strong long-term technical score of 74 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

Monero (XMR) spiked to its peak levels in three months, in the face of challenges in the crypto market. XMR has been gaining momentum since June 13 as it has been enjoying highest highs over the past few months. The token has been on an uptrend for the fourth day in a row and today it’s at fever-pitch with an intraday high beaming at $153.09 3hich is considerably the highest gain it has had since June 13. With this big move, XMR/USD has set its targets on a new resistance level at $155,… Source link

Investors are looking at Monero (MXR) as a good investment option. On July 20, the crypto was trading at $152.80, but early on July 21, the price fell to $146.30. Another possible reason for Monero’s recent rally could be the strong development activity in the project. Investors are looking at Monero (MXR) as a good investment option, especially after its recent rally. The altcoin has seen a good bull run since its latest local low, but at the time of writing, MXR has been… Source link

Monero is moving in an uptrend pattern while taking the support of the trend line with the current market price of $148. About a month back, after a constant downfall in price, the XMR token began to mount upwards as the bulls showed buying interest. There was a formation of a bullish engulfing pattern on the daily chart, and the price continued to ascend, closing above the last peak of $132. Once the Monero price reaches the top horizontal line of $208, a breakout for higher highs can be… Source link

Following a week of strong growth and rallying altcoins, the market just saw the mild correction that put most digital assets into the “red zone,” but Monero seems to ignore the current tendency, especially after showing a 25% growth in the last seven days. Since the middle of June, XMR gained more than 50% to its value mainly because of the recovering industry and the increased demand for privacy-oriented assets. Monero still remains the most popular tool for moving funds in the… Source link

In recent times, cryptocurrency has become one of the viable means to get rich and amass wealth. Tokens like Bitcoin (BTC) and Ethereum (ETH) have made their early adopters a lot of money. With their amazing features, they have turned in huge profits and have successfully placed themselves at the top of the pyramid of cryptocurrencies being used globally. As new tokens flood the market every day, new investors go about looking for the next Bitcoin (BTC) or Ethereum (ETH). Nevertheless, this… Source link

If you were looking to place a healthy short position this week, Monero [XMR] might be a good option especially after its recent rally. The altcoin had a solid bull run from its latest local low and had already started showing signs of weakness at press time. Monero topped out at $152.80 on 20 July, before pulling back to its press time price of $146.30. Its recent top represents a 54% gain from $96.50, its lowest price in 2022 which it achieved on 18 June. XMR’s latest… Source link

Cryptocurrencies have gained immense popularity in recent years, owing to several factors with one of them being the anonymity feature. Though most of them are aimed to enhance the privacy and anonymity of transactions, whether they achieve success or not, is unpredictable. While some cryptos allow public viewing of their transactions, others do not and keep the privacy feature as their top priority. One such privacy coin is Monero, which is mainly sought-after for its privacy-oriented… Source link

Monero [XMR] seems to be one of the most prepared altcoins to make the most of this recent crypto resurgence. After a bit of relief from the market crash, the private cryptocurrency looks to be running toe to toe with the crypto king, Bitcoin [BTC]. XMR traded at $146.81 at press time but that’s not the catch here. It was close to matching BTC in terms of transactions carried out in the last 24 hours. As of this writing, there were 46,993 transactions using XMR. Besides… Source link

RoboApe (RBA) is a project that has entered the market as a meme coin. RoboApe, which has been in its pre-sale for a while, has been adopted by many investors in this process. RBA, which has a comprehensive roadmap, is seen as an investment that can bring long-term and medium-term profit. RoboApe (RBA) aims to maintain its financial stability with a deflationary policy. Accordingly, with the help of the algorithm in the ecosystem, a certain amount of tokens is… Source link