Monero

Unlike Crypto OGs, newbies and paper hands in the crypto space are not familiar with the popular saying “with hardship comes ease”.  With FUD at an all-time high last week following crypto markets correction, the price of Bitcoin and several other altcoins plummeted. However, last weekend was marked with a retracement as most cryptocurrencies attempted a recovery.  Solana’s SOL and Monero’s XMR were among the best performers as they recorded intraday trading highs on 16 May.

Monero receives a strong long-term technical score of 89 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

Guest Author Here are 3 cryptos to watch: Ethereum Classic (ETC), Monero (XMR), and Calyx (CLX) With the crypto market being in an uneasy position currently, there are 3 cryptos to keep an eye on right now: Ethereum Classic (ETC), Monero (XMR), and Calyx (CLX). While Monero and Ethereum Classic have provided some exciting updates in the recent past making them preferred choices for long-term investors, the CLX Token is a new cryptocurrency that seeks to provide an easy and quick way for… Source link

Monero Classic achieves a high risk analysis based on InvestorsObserver research. The proprietary system gauges how much a coin can be manipulated by analyzing much money it took to shift its price over the last 24 hour period along with analysis of recent changes in volume and market cap. The gauge is between 0 and 100 with lower scores equating to higher risk while higher values represent lower risk. InvestorsObserver is giving Monero Classic a high Risk/Reward Score. Find out what… Source link

Monero coin is struggling to move above the 20-day exponential moving average in terms of the daily price chart. Traders have noticed a 43% drop in trading volume for XMR Coin in the last 24 hours. The Monero coin belonging to the bitcoin pair is trading at 0.004933 satoshis, up a little over 3.15%. Monero (XMR) has rotated from its $283-ceiling after a 6-week up-channel (White). With two bear moves in the last four weeks, increased selling pressure has dragged Alt to its February lows till… Source link

Let’s take a brief look at Cardano, Monero and Quitrium Finance The crypto market seems to grow larger and larger as new tokens troop in regularly. This has made it difficult for most investors and crypto enthusiasts to decide what cryptocurrency they want to invest in. However, with the advent of these tokens came unique and amazing features that have been seen to catch the attention of the public.  Cryptocurrencies such as Monero (XMR) and Cardano (ADA) are setting the pace and taking… Source link

Monero (XMR) gets a bearish rating from InvestorsObserver Thursday. The crypto is down 5.83% to $134.11 while the broader crypto market is down 1.51%. 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 performance of Monero… Source link

Following a 6-week long up-channel (white), Monero (XMR) predictably pivoted from its $283-ceiling. The past few weeks have now accounted for two bear runs, with renewed selling pressure pulling the alt to its February lows as of 10 May. In gearing up its efforts to impede the bearish pull, buyers have negated the consistent streak of red candles on the 4-hour timeframe. Should the current candlestick close as green above the $161-mark, XMR could aim to challenge its current pattern. At… Source link

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists. Are Your Investments Future-Proof? Maybe you want to transition to digital assets and invest in the crypto sphere, but the choices can be overwhelming. Trusted sources claim a total of more than 17,000 digital currencies. So how do you know you are investing in the right one? The answer is simple. Expert investors advise beginners… Source link

The broader market took a nearly 4% 24-hour plunge on its global market cap at press time. Consequently, Terra, Monero, and SAND’s 4-hour RSI dived to exhibit a bearish inclination. The bulls needed to now hold on to their immediate grounds while stalling the consistent sell-off on high volumes. Terra (LUNA) Source: TradingView, LUNA/USDT As the $101-resistance posed a hefty hurdle in the December rally, LUNA’s recession phase initiated. After the price kept bouncing around the… Source link