Monero

Monero (XMR) price may witness a sharp pullback by June because its 75% rally in the last two weeks has left the gauge almost “overbought.” Monero price RSI meets rising wedge Downside risks have been mounting due to XMR’s relative strength index (RSI), which almost hit 70 this May 23, indicating that the market is considered overvalued. An oversold RSI could amount to a bout of declining moves, as a rule of technical analysis. Additionally, Monero is also painting a bearish reversal pattern,… Source link

Tail emission is basically the algorithm to be initiated by Monero (XMR), which will prevent block rewards from getting to zero. Monero is a cryptocurrency focused on privacy, allowing folks to initiate transactions anonymously. As of this writing, XMR, native crypto asset of Monero, was trading at a market value of $192.74, bullish by 10.91% during the past 24 hours. Tail Emission On Monero Comes Closer Let’s get into the basics of what Tail Emission is? To keep it precise, it is a process… Source link

Monero price has made a spectacular recovery as investors buy the dip after this month’s sell-off. The XMR token is trading at $193.14, which is about 68% above the lowest level this month. It is now trading at the highest level since May 9th, bringing its total market cap to over $3.50 billion. Why is XMR recovering? Monero is one of the biggest privacy tokens in the world. It is a blockchain platform that solves a challenge that exists among most coins like Bitcoin. The fact that Bitcoin… Source link

You probably wonder why your friends HODLing Monero (XMR) have been suspiciously joyous in the last seven days. Well, you should know that the seven days were marked with significant growth for the XMR token. At the time of press, a bullish divergence was spotted on the price charts indicating that the bull run has only just begun. As a privacy-focused cryptocurrency, Monero (XMR) through its cryptographic technologies allows its users to execute anonymous transactions. This guarantees… Source link

Monero (XMR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Digital Money has advanced 8.24% to $175.93. InvestorsObserver is giving Monero a 36 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero! Moderately Volatile InvestorsObserver gives Monero a moderate volatility rank of 36, placing it in the bottom 36% of cryptos on the… Source link

InvestorsObserver gives Monero Classic a strong long-term technical score of 97 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

In times of uncertainty and bear markets, it is natural to be more worried about your investments. How can you reduce the overall risk of your investments? A diversification strategy is commonly adopted by many experienced investors for most of their asset holdings. How to diversify your crypto portfolio? Risk management is crucial while building a cryptocurrency portfolio in this rapidly expanding and dynamic industry. Diversifying your digital asset investments… Source link

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice USDt Dominance, which is a metric for the dominance of Tether in the crypto market, has fallen from 7.12% to 6.18% at press time. The implication of this development is that market participants have moved out of holding USDt and likely have deployed it in the crypto markets. However, with Bitcoin unable to climb past the $30.8k mark in the past few days, can… Source link

The latest variant of the Sysrv botnet malware is menacing Windows and Linux systems with an expanded list of vulnerabilities to exploit, according to Microsoft. The strain, which Microsoft’s Security Intelligence team calls Sysrv-K, scans the internet for web servers that have security holes, such as path traversal, remote file disclosure, and arbitrary file download bugs, that can be exploited to infect the machines. The vulnerabilities, all of which have patches available, include flaws… Source link

Monero (XMR) gets a neutral rating from InvestorsObserver Tuesday. The coin is up 3.86% to $172.88 while the broader crypto market is up 1.68%. 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 Monero over the… Source link