Monero

The Monero market has seen some drastic price movements over the past couple of days. The beginning of April saw the volatile price action take a new turn as the participants tried to build price up from a low of $246. At the time of press, the price has jumped to $265 and has been showing extreme bullishness in the market. However, such extreme bullishness has often resulted in drastic falls in the market and XMR traders may want to practice caution. Monero 1-hour chart  Source: XMRUSD on… Source link

Bitcoin SV saw a steep rise to $267 but fell from those heights just as quickly. Monero saw sellers step in to force prices beneath $250, but the skirmish was yet undecided and XMR has not yet dropped below $245. Waves formed a megaphone pattern that could see it rise to $14.32. Bitcoin SV [BSV] Source: BSV/USDT on TradingView Bitcoin SV shot upwards past the $218 level in recent days to reach the 38.2% extension level at $267 but was forced to drop back just as swiftly to revisit $215-$218… Source link

Cosmos showed some weakness in the market as the price approached the $21.7 resistance. Monero reattempted to claim the region above $262.7 and the indicators backed a favorable outcome this time around. Basic Attention Token lacked the volatility for a large price swing, but strength was building up in its market. Source: CoinStats Meanwhile, Bitcoin continued to stagnate around $59k and noted a 24-hour trading volume of $45.2 billion. Cosmos [ATOM] Source: ATOM/USD, TradingView Weekly… Source link

The leading cryptocurrency whose behavior affects the entire digital currency market is bitcoin. Its dominance is around 60% and it marks the cycles through which this market moves. When it began to be noticed at the beginning of its existence, and investors saw opportunities in it, other cryptocurrencies were created in its wake. They tried to ultimately solve various problems and shortcomings that were noticed in the bitcoin network. As we can see, most of them ended with a poor result,… Source link

Monero rose past $250 and could see further upside in the days to come after flipping the $247-level to support. Zcash was also strongly bullish as it targeted the $193-level. Augur‘s charts suggested that demand from buyers was present, despite its price noting a slight decline in recent days, hinting at a quick recovery. Monero [XMR] Source: XMR/USDT on TradingView On the hourly chart, XMR had a bullish outlook. It had risen past an area of supply once more and was attempting to flip it… Source link

This article was written exclusively for Investing.com The crypto asset class offers many investment and trading options The higher the market cap, the greater the liquidity Monero: around since 2014 Solana provides an open infrastructure With over 9000 tokens, liquidity is critical for success As the two digital currencies with over 72% of the asset class’s market cap and get all of the press. Futures contracts for both have also helped increase their profiles. ETF products, when they… Source link

Publicly available cloud images are spreading Monero-mining malware to unsuspecting cloud developers. At least 30 malicious images in Docker Hub, with a collective 20 million downloads, have been used to spread cryptomining malware, according to an analysis. The malicious images (spread across 10 different Docker Hub accounts) have raked in around $200,000 from cryptomining, according to Aviv Sasson, researcher with Palo Alto Networks’… Source link

Monero showed weakness as it attempted to flip the $239.05-resistance level. Waves settled between $12.5 -$11.5, while a hike above its press-time resistance would see Compound move closer towards the $447.4-mark. Monero [XMR] Source: XMR/USD, TradingView On the 4-hour timeframe, Monero noted bullish movement as the price closed in on the $239.05-resistance. However, the overhead resistance has rejected the price on multiple occasions in March already, and this could likely be the outcome… Source link

The crypto market has been consolidating, especially when you examine the alts with lower market capitalization. Altcoins like Aave, Monero, and Elrond have been witnessing sideways movement, however, this has interestingly translated into bullish and bearish outlooks for different coins. Aave [AAVE] Source: AAVEUSD on TradingView The Aave market had observed a consolidation phase at the beginning of the year. This phase was followed by an uptrend in price and as the value went below… Source link

There was some on-chain sign of a move toward $450 for Aave based on the concentration of large wallets. On the charts, the medium-term outlook was neutral but climbing above $360 would be a sign of bullish strength. Cosmos also faced strong resistance at $19.8, and Monero was consolidating above a level of support at $215. Aave  [AAVE] Source: AAVE/USDT on TradingView A previous analysis noted a bullish scenario for AAVE (in cyan). The $340 mark has been defended; $344 has not been ceded to… Source link