Monero

A South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came just a few days after his arrest by local law enforcement agents, a report has said. Prior to his release, Spagni aka Fluffypony told the court he had returned to South Africa voluntarily and that he was not a flight risk. US Judge Grants Motion for Spagni’s Extradition A South African regional court magistrate recently ruled to release

InvestorsObserver gives Monero Classic a strong long-term technical score of 96 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the coin’s support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it’s a strong buy-and-hold investment opportunity currently for traders. XMC at this time… Source link

Monero receives a strong long-term technical score of 67 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin’s consistency, volatility, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. Currently, XMR holds a superior long-term technical analysis score than 67% of… Source link

Monero [XMR] is among the few cryptos that have seen healthy recovery from its 2022 lows. In fact, it is up by more than 44% from its $96.50 June low. Even so, its press time position seemed to suggest that a bearish retracement is imminent. XMR peaked at $141.45 during Friday’s trading session. This represented a healthy upside of more than 44% from its lowest level in June. This move placed it within January 2022’s support level. More notably, the latest peak placed it… Source link

Monero (XMR) gets a bullish rating from InvestorsObserver Saturday. The coin is up 3.44% to $139.3 while the broader crypto market is down 0.28%. Monero has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Bullish Over the last five days, Monero has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Monero over… Source link

The latest Monero price analysis predicts a bullish trend for the day as buyers’ participation has increased and more buying activity has been taking place in the market. The bullish rally has been continuous for the last four days, and the price overcame $132.7 resistance during this time. As the bullish momentum intensifies, further improvement in XMR/USD market value is expected as bulls are preparing to challenge the $140 resistance next. The buyers must remain persistent to achieve… Source link

The Monero blockchain platform needs users to validate its transactions. That’s the responsibility of miners. They play a pivotal role in ensuring duplicates are avoided and Monero transactions are validated. But Monero mining is an expensive activity if users opt for buying their own equipment. A more affordable alternative is doing it on mining platforms. Users can start immediately and only risk their initial deposit, as opposed to buying expensive equipment and spending a lot of time… Source link

And that’s good for Bitcoin Photo by Quantitatives on Unsplash Monero is increasing its enthusiast base and threatens to overtake Bitcoin as the most popular digital currency. But only on the dark web. It is the safest digital currency than Bitcoin when it comes to privacy. Unlike Bitcoin, Monero generates a new wallet address for each individual transaction. With Bitcoin, one address is used for multiple transactions, which makes it easier to track via the publicly accessible blockchain. Plus,… Source link

Monero Classic (XMC) has been relatively more volatile when compared to other cryptocurrencies. So far Wednesday, the crypto has fallen 5.83% to $0.3997330403. InvestorsObserver is giving Monero Classic a 98 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 98, placing it in the top 2% of cryptos on… Source link

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Bitcoin has formed a range between $22.8k and $18.8k over the past month, with $21.8k also serving as a crucial resistance level. Monero has been able to grind its way higher over the past month, but the longer-term trend still favored the bears. In such a fearful market, a move above the $135 resistance level could be… Source link